The Issue:

The long-term stability of multiemployer-defined benefit pension plans is uncertain. Recent proposals from the Pension Benefit Guaranty Corporation could increase withdrawal liability.

Why It Matters:

Beer distributors who participate in these pension plans are committed to meeting 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.

Congress Should:

• Take action to address withdrawal and partial withdrawal liability in multiemployer pension plans, including PBGC regulatory proposals that could impose disproportionate burdens on small business employers.