Multiemployer Pension Program Risks Insolvency by 2026
The Multiemployer Insurance Program managed by the Pension Benefit Guaranty Corporation (PGGC) is projected to become insolvent by 2026, according to the PBGC’s recently released 2020 Annual Report. At current levels, the multiemployer pension program is underfunded by $63.7 billion. Related ProductsLoading products..