Article written by Nisha Singh and Nellie Huang, consultants at PBI Actuarial Consultants Ltd., published in the Benefits and Pensions Monitor Online.
The average employer/employee contribution to a multi-employer pension plan is $4.26 per hour, says H. Clare Pitcher, of PBI Actuarial Consultants. Speaking at its ‘Apples & Oranges: MEPP/TBP Benchmarking Study,’ he said the range for contributions is $1.09 to $7.60 per hour. Cindy Rynne, of PBI, said the survey, its first, is designed to reveal some benchmarks for MEPPs across the country.
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