Millions of American workers’ retirements are at risk. Taking action today to solve the multiemployer pension plan crisis can save our families, friends, and neighbors from financial hardship.

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Plans Are Already Failing

Hard-working American miners, bakers, construction workers, truck drivers, and musicians in communities throughout the country have planned their futures on the benefits they’ve earned through their pension. Today, through no fault of their own, their funds have been cut. Thousands nationwide have already faced severe cuts, and if unaddressed, 10 million people will no longer have access to the retirement they have planned.

Americans need an urgent solution. The Retirement Security Coalition urges Congress to take action now to find a bipartisan compromise. We cannot afford to continue on the current trajectory which will ultimately lead to the collapse of the entire system, the loss of billions of retirement dollars, and billions more eliminated from our nation’s economy.

How Multiemployer Pension Plans Affect Your State>

How Multiemployer Pension Plans Affect Your State

States with plans that are currently failing

States with plans that will fail by 2025

How Multiemployer Pension Plans Affect Your State

What is a Multiemployer Pension Plan (“MEPP”)?

A multiemployer pension plan is an employee benefit plan that is collectively bargained and jointly administered by more than one employer and at least one labor union. The plans are generally grouped by industry or geographic area, and they exist for the purpose of pooling assets to reduce administrative costs and for advantageous investing. Employers pool money into a trust, and workers are then paid a monthly benefit during retirement based on the amount their employer put in and years worked.

There are about 1,400 multiemployer pension plans covering 10 million workers. Many participants come from the construction, small businesses and retail, manufacturing, mining, and trucking industries.

Many multiemployer pension plans are now in critical and declining status, meaning they are projected to become insolvent, or bankrupt, within the next 20 years. This would leave millions of hard-working Americans without the retirement benefits they planned their futures around. The plans have gotten to this point due to a number of reasons, mainly because unionization rates have dropped, certain industries have shrunk, and the ratio of active-to-inactive participants shifted dramatically over the past few decades.

The Pension Benefit Guaranty Corporation (PBGC), a federal government entity, insures the pension benefits but is projected to become insolvent by 2025. If Congress doesn’t act quickly to address the crisis, millions of Americans will no longer have access to the retirements they planned.

To see where these plans are already failing, check out our map.

Alabama

Total Multiemployer Participants:
126,837

Alaska

Total Multiemployer Participants:
38,756

Arizona

Total Multiemployer Participants:
109,925

Arkansas

Total Multiemployer Participants:
109,925

California

Total Multiemployer Participants:
1,694,682

Colorado

Total Multiemployer Participants:
198,007

Connecticut

Total Multiemployer Participants:
188,846

Delaware

Total Multiemployer Participants:
31,709

District of Columbia

Total Multiemployer Participants:
24,663

Florida

Total Multiemployer Participants:
341,050

Georgia

Total Multiemployer Participants:
141,635

Hawaii

Total Multiemployer Participants:
97,946

Idaho

Total Multiemployer Participants:
23,958

Illinois

Total Multiemployer Participants:
553,855

Indiana

Total Multiemployer Participants:
189,551

Iowa

Total Multiemployer Participants:
79,625

Kansas

Total Multiemployer Participants:
63,418

Kentucky

Total Multiemployer Participants:
113,449

Louisiana

Total Multiemployer Participants:
62,714

Maine

Total Multiemployer Participants:
52,144

Maryland

Total Multiemployer Participants:
216,327

Massachusetts

Total Multiemployer Participants:
326,957

Michigan

Total Multiemployer Participants:
440,406

Minnesota

Total Multiemployer Participants:
278,337

Mississippi

Total Multiemployer Participants:
40,870

Missouri

Total Multiemployer Participants:
176,867

Montana

Total Multiemployer Participants:
35,232

Nebraska

Total Multiemployer Participants:
41,574

Nevada

Total Multiemployer Participants:
134,588

New Hampshire

Total Multiemployer Participants:
47,916

New Jersey

Total Multiemployer Participants:
413,629

New Mexico

Total Multiemployer Participants:
39,460

New York

Total Multiemployer Participants:
1,319,104
"It's a whole new life… Everything's gonna change."
Frank Lipka
NY Teamsters Conference

North Carolina

Total Multiemployer Participants:
83,149

North Dakota

Total Multiemployer Participants:
12,684

Ohio

Total Multiemployer Participants:
450,271
"Many retirees, including myself, will likely take pension cuts of over 50 percent under current law by April 1 and the bipartisan consensus in Congress that we should NOT have a rigged vote in favor of these cuts is encouraging."
Steven Sprague
Southwest Ohio Regional Council of Carpenters Pension Plan

Oklahoma

Total Multiemployer Participants:
63,418

Oregon

Total Multiemployer Participants:
170,525

Pennsylvania

Total Multiemployer Participants:
493,959

More: Check out the Pennsylvania fact sheet.

Rhode Island

Total Multiemployer Participants:
58,486

South Carolina

Total Multiemployer Participants:
38,756

South Dakota

Total Multiemployer Participants:
15,502

Tennessee

Total Multiemployer Participants:
109,221

More: Check out the Tennessee fact sheet.

Texas

Total Multiemployer Participants:
360,781

Utah

Total Multiemployer Participants:
39,460

Vermont

Total Multiemployer Participants:
21,844

Virginia

Total Multiemployer Participants:
118,381

Washington

Total Multiemployer Participants:
457,318

More: Check out the Washington fact sheet.

West Virginia

Total Multiemployer Participants:
47,916

Wisconsin

Total Multiemployer Participants:
154,318

Wyoming

Total Multiemployer Participants:
10,570