Representatives outline hybrid multiemployer plan design bill to be introduced
August 20, 2018
Pensions and Investments. Hazel Bradford
Legislation creating a new hybrid multiemployer retirement plan design was unveiled Tuesday on Capitol Hill...
...House co-sponsors Phil Roe, T-Tenn,. and Donald Norcross, D-N,j,, are putting the finishing touches on a bill they said could be introduced within the next few weeks...
...The current multiemployer system "has to be built for growth because the system is stagnant," Mr. Norcross said at a press briefing. Other legislative proposals to revamp multiemployer plans are on a "parallel track" and would not be in conflict, he said.