Union Pension Liabilities Soar to $369 Billion

By Mark Hemingway

Published April 10, 2012 12:18pm ET

Union Pension Liabilities Soar to $369 Billion — Last year, in an article for THE WEEKLY STANDARD I discussed the growing number of existential threats to unions. One of the major challenges facing unions is that their multi-employer pension plans are deep in the hole, and the problems were being masked by accounting standards that allowed them to hide their debt: Getting a […]

Last year, in an article for THE WEEKLY STANDARD I discussed the growing number of existential threats to unions. One of the major challenges facing unions is that their multi-employer pension plans are deep in the hole, and the problems were being masked by accounting standards that allowed them to hide their debt: