Learn About Recommendations for Legislative and Regulatory Changes to System
For over a year, 51风流 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.