The Modern Fund Office
2016 Study of Public and Taft Hartley Fund Operations by Midior Consulting
Public sector and multiemployer benefit plans have been hit by the perfect storm of risk, compliance and regulatory overload. As a result, most fund administrators agree that it is getting more and more complicated to run the fund office and administer benefits. In response, MIDIOR initiated a study of Public and Taft Hartley benefit fund operations in 2014 and we are committed to conducting this research annually.
Although an administrator for a small Taft Hartley fund may think that his/or her operational challenges are very different from those faced by a statewide public pension fund, in fact, our research shows that they are struggling with many of the same issues.
We hope you are able to leverage this study as you consider how to best tune your operations in the coming year.