The Pension Benefit Guaranty Corporation, the federal agency that oversees multiemployer benefit plans, issued its annual Projection Report earlier this month.  And, the outlook is bleak.  The agency is estimating that its insurance program will be insolvent in 2025 unless Congress provides substantial funding. The PBGC oversees multiemployer plans that cover approximately 10 million employees.  Of the multiemployer plans covered by the PBGC, about 58% are unionized, while the remaining [...]