24Jun
What Construction Contractors Can Expect From Multiemployer Pension Plans Following COVID-19 Crisis
The COVID-19 crisis portends a new and troubling outlook for construction contractors and other employers participating in multiemployer pension plans. While many multiemployer pension plans had been recovering enough from the 2007–2009 Great Recession to have their current funding levels approach or exceed their pre-Great Recession funding levels, the COVID-19 crisis threatens those recoveries and the solvency of the most financially troubled plans......
By:
Jackson Lewis P.C.
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