The brief’s key findings are: *Private sector multiemployer pension plans, which are negotiated by a union with a group of employers, have become a focus of congressional interest. *Multiemployer plans have been hurt by an expansion of benefits during the 1990s and the twin financial crises...

Social Security privatization, in any form, will only highlight the problems that individuals face when left on their own to make saving and investment decisions. The 401(k) experience is a case in point. Making everyone a money manager is not the way to improve retirement income security for an...