Retirement & Benefits Solutions

Multiemployer plans

Stronger together

Multiemployer plans face shifting demographics, increasing regulatory demands, and steadily rising costs. Milliman can help you reduce operating costs and volatility and effectively manage benefit costs and risks. Get tailored advice focused on your history, strategy, and specific needs—based on our experience working with hundreds of plans.

Solutions

Milliman multiemployer plan solutions

Defined benefit consulting
Defined contribution services
Health and welfare benefits
Alternate plan designs

Defined benefit consulting

Meet funding objectives in the face of constant change with a dedicated team of actuaries, compliance experts, and plan design specialists. Supported by state-of-the-art technology and techniques, we deliver accurate forecasts, assist with improving funded status, assess plan risk, and ensure effective reporting to regulators and members.

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Review the latest study on the funding levels of multiemployer pension plans.

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Insight

Milliman multiemployer plan insight

White paper

Multiemployer health and welfare fund statistics: 2024 report

Milliman analysis finds that net assets (in terms of months of expenses) decreased overall due to lower investment returns and higher expense growth.

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Article

Life after special financial assistance – withdrawal liability

Multiemployer pension plans receiving special financial assistance should review the latest key changes to the withdrawal liability, among other recent guidance.

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Report

Multiemployer health and welfare fund statistics: 2023 report

Sixth annual Milliman Multiemployer Health and Welfare Study analyzes financial disclosures for multiemployer health and welfare plans, also known as Taft-Hartley plans.

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White paper

Multiemployer health and welfare fund statistics: 2022 report

The fifth annual Milliman Multiemployer Health and Welfare Study analyzes various financial disclosures nationwide for multiemployer health and welfare plans,....

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Article

Guidance issued through FAQs on Coverage for OTC COVID-19 tests

FAQs provide guidance to group health plans regarding coverage of OTC COVID-19 tests without participant cost sharing.

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Article

Consolidated Appropriations Act, 2021, No Surprises Act Interim Final Rule: Summary of requirements and implications for plan sponsors

The No Surprises Act requires plan sponsors to comply with some of the most burdensome tasks since the Affordable Care Act.

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Article

Joint agencies release COVID-19 vaccination and booster dose guidance and coverage considerations

We detail the latest guidance on health insurance incentives and surcharges to encourage COVID-19 vaccinations, among other topics.

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Article

Multiemployer Alert: The American Rescue Plan Act of 2021 – Federal COBRA Subsidy

This Multiemployer Alert provides information regarding the federal COBRA subsidy and its potential effects on plan sponsors and participants.

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Article

Multiemployer Review: American Rescue Plan Act of 2021

In this review, we summarize the provisions of the law that apply to multiemployer defined benefit plans.

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Article

Multiemployer Pension Funding Study: December 2020

Milliman analysis shows aggregate funding levels for multiemployer plans at their highest point since 2007 following turbulent year

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Services

Milliman multiemployer plan services

Resources

Milliman multiemployer plans resources

Brochure

Multiemployer services brochure

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Products

Milliman multiemployer plan products

Employee benefits

Milliman Benefits Benchmarking

Compare employee benefits to similar employers so you can optimize your offerings and better retain top talent.

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Online projection tool and information center

Milliman OPTIC

Projections at your fingertips for your multiemployer pension plan.

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Multiemployer plans