ºÚÁϲ»´òìÈ

Learn About Recommendations for Legislative and Regulatory Changes to System For over a year, ºÚÁϲ»´òìÈ has participated in the National Coordinating Committee of Multiemployer Plans (NCCMP) Retirement Review Security Commission to develop draft recommendations for legislative and other changes to the current multi-employer pension plan system. The Commission has worked to develop these recommendations to ensure that the system provides reliable retirement income to workers while reducing financial risks to contributing employers. The Commission was a labor-management, cross-industry group of stakeholders. Specific recommendations were put forth in the following areas:

• Technical corrections and other changes to the Pension Protection Act;
• New tools for plans near insolvency;
• Facilitation of new, more flexible plan designs; and
• Other new tools and changes to the law.

On Tuesday, Jan. 29, 2013, at 2:00 p.m. EST, ºÚÁϲ»´òìÈ will host a free webinar with presenters involved in the Commission, including ºÚÁϲ»´òìÈ of America’s Commission representative and NCCMP staff, all of whom will review the Commission’s proposal and its potential impact on the construction industry.  By participating in this webinar, union contractor members will learn about the proposal and potential legislative changes after the Pension Protection Act sunsets in 2014, and how to help advance reform efforts. For more information or to register for the free ºÚÁϲ»´òìÈ member-only webinar, please click .