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Host, Traci Dority-Shanklin, recaps her 2021 discussions about pension reform and hybrid retirement solutions for failing multiemployer plans. With the help of several guests from previous podcasts, Traci highlights potential solutions and recounts events that drove these plans to the breaking point. Past guests include AFL-CIO president, Liz Shuler; UFCW Local 21 president, Faye Guenther; Executive Director of NIRS, Dan Doonan; Executive Director of NCCMP, Michael Scott; labor organizer and co-founder of Unionbase, Larry Williams Jr; and consulting actuary from Cheiron and co-author of The Hybrid Handbook, Elizabeth Wiley.

Some highlights from the 2021 Hybrid Retirement Recap Show:

03:35 – A Generational Cynicism about Retirement Plans
09:59 – Drawbacks of a Defined Contribution Plan
13:04 – Building the Right Hybrid Plan
16:08 – The Hybrid Plan Case Studies
22:59 – Future Retirement Security for All Americans

Contact:
traci@mutliemployerfunds.com
www.sisupartnersllc.com

You have a distinct voice. God has been positioning YOU to use it. Are you prepared to use it for good? In this episode, you'll hear some actionable strategies for how to find your voice and use it to make the contribution YOU are designed to make.

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Subscribe to 343 Ministries weekly email at www.343ministries.com.

A hybrid retirement plan combines parts of a defined benefit plan with parts of a defined contribution plan. Dan Doonan, the Executive Director of the National Institute on Retirement Security, and Elizabeth Wiley, a consulting actuary at Cheiron, wrote the book on hybrid plans – literally! Dan and Elizabeth penned The Hybrid Handbook, a white paper on hybrid retirement plans in the public sector. Listen as they share their insights on these plans along with some of their favorite case studies. 

Some highlights from Not All Hybrid Plans Are Created Equal include:

01:27 – Hybrid Retirement Plans: The Case Studies
06:30 – The Best Time to Plant a Tree…
10:56 – Unfunded Liabilities and a Cause for Concern
14:35 – Risk Sharing vs Risk Shifting
19:03 – The Efficiency of Pensions vs Defined Contribution
24:30 – Thoughts on Pension Reform

Click on The Hybrid Handbook if you'd like to read or download a PDF of Dan and Elizabeth's white paper.

Contact:
traci@mutliemployerfunds.com
www.sisupartnersllc.com

Does doing good have to be complicated? No, but it takes a lot of courage. Learn how to find the courage to keep doing good in your community. 

Follow 343 Ministries @ToddandMeredithBaker on Instagram. 

Subscribe to 343 Ministries monthly email at www.343ministries.com.