New York, July 21, 2015 -- Most multiemployer pension plans (MEPPs) in the US continue to be poorly funded, Moody's Investors Service says in a new report. Since the financial crisis, obligations have grown but assets have remained almost constant, with weak funding levels leading to large amounts of debt at some participating companies. In a few cases, the magnitude of future MEPP funding obligations could lead to rating downgrades.
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