Msg. 63564 of 65535 (This msg. is a reply to
63561 by
clo)
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124 multi-employer pensions are in “critical and declining” status, according to the Pension Benefit Guaranty Corporation. They’re projected to have insufficient funds to pay full retirement benefits within the next 20 years.
About 1 million workers are in such plans, according to the American Academy of Actuaries.
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