{"id":14221,"date":"2011-07-24T13:48:20","date_gmt":"2011-07-24T18:48:20","guid":{"rendered":"http:\/\/law.marquette.edu\/facultyblog\/?p=14221"},"modified":"2011-07-24T13:49:01","modified_gmt":"2011-07-24T18:49:01","slug":"the-uncertain-future-of-multiemployer-benefit-plans","status":"publish","type":"post","link":"https:\/\/law.marquette.edu\/facultyblog\/2011\/07\/the-uncertain-future-of-multiemployer-benefit-plans\/","title":{"rendered":"The Uncertain Future of Multiemployer Benefit Plans"},"content":{"rendered":"

Multiemployer benefit plans, writes Paul Secunda, \u201conce represented one of the greatest triumphs in American labor relations in providing employee benefits to workers of small employers in itinerant industries (such as in building and construction, trucking, retail, and the entertainment industry).\u201d In a new paper on SSRN<\/a>, Paul explores three major challenges facing multiemployer plans. First, in the wake of the global recession of 2007-2009, \u201cbenefit plans are increasingly underfunded and in danger of becoming insolvent.\u201d Second, as a result of health benefits that are perceived as overly generous, some plans may face a large new excise tax under the Patient Protection and Affordable Care Act of 2010. Finally, recent judicial decisions have created uncertainty and increased liability risks when plan trustees deny claims.<\/p>\n

Paul considers a variety of policy responses to some of these challenges, but it appears there are no easy fixes.<\/p>\n

Paul\u2019s paper, entitled \u201cThe Forgotten Employee Benefit Crisis: Multiemployer Benefit Plans on the Brink,\u201d will appear in the Cornell Journal of Law and Public Policy<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Multiemployer benefit plans, writes Paul Secunda, \u201conce represented one of the greatest triumphs in American labor relations in providing employee benefits to workers of small employers in itinerant industries (such as in building and construction, trucking, retail, and the entertainment industry).\u201d In a new paper on SSRN, Paul explores three major challenges facing multiemployer plans. 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