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Taft-Hartley Multi-employer Plans

We take particular pride that one of our oldest and largest accounts is a teamster and employer sponsored multi-employer pension plan, our client since its establishment in 1955. This long relationship has been an important benefit to our firm, allowing us to build on our experience with this account and develop other multi-employer business. Today, Beyer-Barber Company serves as actuarial consultant to 19 Taft-Hartley plans including three of the ten largest teamster and employer sponsored multi-employer pension plans in the country.

Our experience includes all aspects of current issues inherent to Taft-Hartley plans including annual valuation and integration with 401(h), cost study analyses, IRS-DOL-PBGC filing requirements, Multi-employer Pension Plan Amendments Act of 1980 (MPPAA) administration including expert witness testimony, projected cash flow analyses, the conversion of multi-employer defined benefit plans into defined contribution plans, bond dedication and immunization.

We also have similar consulting experience and depth in the multi-employer health & welfare plan area. We mention this because we believe that our role as a pension consultant is enhanced because we can take into account how changes in the pension plan will affect our clients health & welfare and other plans.

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