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Can this government bailout be avoided?

The Center for Retirement Research estimates that about 35 percent of multiemployer retirement plans will exhaust their assets over the next 30 years.

By Marlene Y. Satter | Updated on September 08, 2014

A greater number of multiemployer retirement plans may be at risk of falling into insolvency than previously thought, raising the specter of benefit cuts and fueling fears of a possible taxpayer bailout unless Congress acts. 

The Center for Retirement Research at Boston College, having reviewed the state of MEPs after the one-two punch of the dot-com crash and the 2008-09 financial meltdown, estimates that about 35 percent of MEPs will exhaust their assets over the next 30 years.

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