U.S. multiemployer pension plan funding drops to 82%

(Opalesque) The aggregate funding ratio of multiemployer defined benefit plans in the U.S. dropped to 82% as of June 30, down from 85% at the end of 2019, said a study. According to Milliman’s Multiemployer Pension Funding Study (MPFS), the weaker funded status increases the aggregate funding shortfall of multiemployer pension plans by $26 billion.

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