New proposal to reform multiemployer retirement plans will help hard-hit construction industry


The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the release of the National Coordinating Committee for Multiemployer Plans Retirement Security Review Commission’s proposed plan for preserving, remediating and innovating multiemployer retirement plans: "The Commission's plan represents a pragmatic, reasonable and -- most importantly for taxpayers -- self-sufficient approach to preserving and protecting nearly half a trillion dollars worth of multiemployer retirement plans." Read more.

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