Risk is a fundamental feature of any defined benefit pension or defined contribution program, and managing risk is a significant challenge facing sponsors of multiemployer retirement plans.
Trustees need the ability to identify and measure risk in order to properly manage it.
This requires an understanding of what the risks are, their impact, and their likelihood, and access to timely information to allow trustees to take action, when appropriate.
Our Multiemployer Retirement Practice leader, David Dean, details the types of risks associated with multiemployer pension plans.
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