Data from 1,272 multiemployer (union) plans that had their 2014 actuarial certifications (Schedule MBs) available show total unfunded liabilities for these plans of over half a trillion dollars. The 31 plans with the largest unfunded liabilities accounted for almost half that liability and only two of those (Central States and New York State Teamsters Conference) have looked to go through the MPRA program. Here they are….
There is a story behind each of these plans (e.g. National Football League Players Plan with a $4 billion underfunding and a 29% funded ratio) that we will explore in future blogs but for now here are spreadsheets for all 1,272 plans sorted by: