Summary of PBI’s Seminar Revealing MEPP Benchmarks Published in Benefits and Pensions Monitor
Article written by Nisha Singh and Nellie Hua, 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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