National Taft-Hartley Plans are multiemployer pension plans established under the provisions of the Taft-Hartley Act. These plans cover workers employed across the entire country or within multiple states, as opposed to being limited to a specific region or locality. National Plans are typically established for industries that have a broad national presence and are characterized […]
National, Regional, and Local Plans refer to multiemployer pension plans established under the provisions of the Taft-Hartley Act. These plans serve different geographical areas and industries, accommodating the needs of workers and employers within those specific regions. Here’s an overview of each type of plan: The choice between a national, regional, or local plan depends […]
Taft-Hartley Plans, also known as Taft-Hartley Trust Funds or Taft-Hartley Employee Benefit Plans, are a type of multiemployer pension plan established under the provisions of the Taft-Hartley Act (officially known as the Labor Management Relations Act of 1947). These plans are a result of collective bargaining agreements between labor unions and multiple employers, typically within […]
Geographic Area Multiemployer Pension Plans (MEPPs) are retirement plans that are established to provide retirement income security for employees working in a specific geographic region or locality. These plans are often created to serve the needs of workers and employers within a defined area. Here are some examples of Geographic Area MEPP Plans: Geographic Area […]