We are pleased to share with you the latest edition in the KCS Fireside Chat series. We hope that you continue to find value in our insights.
In this article we provide our readers with an update on multiemployer plans. There has been a lot of press recently related to what is happening within the Central States Teamsters plan that may result in significant benefit reductions. We are obviously concerned about the implications of such a cut on the plan participants. Plans that are struggling to meet minimum funding thresholds are required to develop a rehabilitation plan. In this article we share with you our game plan for putting these plans on a new and improved path.
As always, please do not hesitate to reach out to us for any assistance. We thank you for your continuing support, and we wish for you and your family a wonderful Labor Day weekend. Travel safely!