Description: In this paper, the long-term funding consequences of negotiated improvements in pension plans are examined. Particular emphasis is placed on the effects on both contribution rates and the overall funding position of the plan of such things as benefit increases to retirees, reductions in the average retirement age, economic events that affect the size of the active work force, and the interplay between the increases in pay and benefit rates and the other valuation assumptions. A simulation model is used to uncover the influence of each variable. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: A plain-language, high-level explanation of employer withdrawal liability issues, including how they grew to be large and barriers to their collection.

Description: In this 1981 discussion session, the panelists express their views on the Multiemployer Pension Plan Amendments Act of 1980.

Description: Updated metrics for measuring financial stress among multiemployer pension plans in the United States.

Description: This is a panel discussion session on the Multiemployer Pension Plan Amendment Act of 1980. From Transactions of Society of Actuaries 1981, Vol. 7, No. 1.

Description: Overview of the prevalence of employer withdrawals from multiemployer pension plans in the United States and their impact on the multiemployer pension plan system.

Description: Analysis of the impact of projected multiemployer pension plan insolvencies over 20 years on affected participants and participating employers.

Description: This paper recommends changes to current laws affecting employee benefits, changes that would provide substantial retirement security for these and other contingent workers in Mulitempoyer plans.

Description: Discussion of the challenges actuaries face in selecting an interest rate for the purpose of calculating Withdrawal Liability for a Multiemployer pension fund in the US. Recent court cases are referenced.

Description: Panelists examine the basic structure and current actuarial issues relating to multi-employer pension plans, including the interface of the collective bargaining environment and the operations of the plan and trust under the Taft-Hartley Act. From the Record of the Society of Actuaries, Vol. 25, No. 3.