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"Industry reports have suggested that hospitals had high margins in 2020 and 2021 but have faced significant financial challenges in 2022," the report concludes.

This largest-ever rescue covers 350,000 workers and retirees of the Central States Pension Fund, one of the largest multi-employer pension plans in the nation that was projected to become insolvent in 2026 prior to the pandemic.

Last week, 13 Republican state attorneys general asked federal energy officials to consider blocking the world's second-largest fund manager from buying utility stocks because of its relationship with the Net Zero Asset Managers coalition.

It's no easy task in a turbulent economy for plan sponsors to look ahead, with a new Congress taking power in January and not knowing if the current Congress will enact SECURE Act 2.0 in the post-election session next week.

There is consensus in the business world that health care costs are too high; the question is how to address the problem.

Employers claim that the health care company, now known as Elevance Health, breached its fiduciary duties under ERISA because they were denied access to plan claims due to mismanagement of funds.