Policy Issue
Sep 13, 2022
Multiemployer Pension Plans
Multiemployer Pension Plans
The Issue: The long-term stability of multiemployer-defined benefit pension plans is unclear. Recent proposals from the Pension Benefit Guaranty Corporation could increase withdrawal liability.
Why It Matters: Beer distributors who participate in these pension plans are required to meet their contribution responsibilities. While some of the most troubled plans have been temporarily stabilized after receiving Special Financial Assistance, further action is needed to ensure long-term stability.
We Encourage Congress To:
- Address withdrawal and partial withdrawal liability, including requirements that could harm small businesses.