Description

Join Us for an Essential Membership Meeting – January 30, 2025

Understanding Pension Plan Funding Status & Withdrawal Liability

As a valued MCASF Contractor Member, your company’s financial future is directly tied to the health of the pension plan. On January 30, 2025, we invite you to our exclusive membership meeting, where we’ll delve into the critical topic of the pension plan’s funding status and what it means for your business.

Key Highlights:

• Funding Status Overview: Gain insights into the current financial standing of the pension plan, including an explanation of unfunded liabilities and how they may impact future contributions.

• Implications of Withdrawal Liability: Understand the potential costs and obligations associated with withdrawing from the plan, and what this could mean for your company’s long-term financial strategy.

• Ownership Changes: Learn about important factors to consider when contemplating a change in ownership, including how these decisions could affect your company's withdrawal liability and overall relationship with the pension plan.

This meeting is essential for all contractor members, especially those involved in strategic financial planning and company leadership. Don’t miss this opportunity to stay informed and prepared for the financial challenges and opportunities ahead.

We look forward to your participation as we navigate these important topics together.