On the recordMarch 6, 2019
Changing the actuarial assumptions used by multiemployer plans to be closer to what the single employer plans use would make the crisis even worse.
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congress.govChanging the actuarial assumptions used by multiemployer plans to be closer to what the single employer plans use would make the crisis even worse.
McBath warns that altering actuarial assumptions could exacerbate the pension crisis.
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My hope as we gathered here today was that we would have a good faith discussion on how we can use the lessons that we learned from Covid-19 to improve our pandemic preparedness and strengthen our public health system.
Working families that have done everything right, and they have contributed to their pensions for years, they deserve the peace of mind that what they have worked so hard for is safe.