“Just days ahead of … planned markup of legislation that would offer government loans for struggling multiemployer pension plans, conservative academics have launched an all-out attack on the bill. … Well before Neal and Brown introduced the bill, they asked the company where I am CEO, Cheiron Inc., to prepare actuarial projections to determine how effective the legislation would be in stemming insolvencies of struggling multiemployer pension plans. … Gene Kalwarski is CEO of Cheiron Inc., an independent pension and healthcare actuarial consulting firm. He is one of the nation’s leading actuaries to multibillion-dollar multiemployer and public-sector pension plans.”
Read the full article on: The Hill