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Multi-Employer Plan

A multi-employer plan refers to a benefit plan in which more than one employer contributes to the benefit plan as part of a collective bargaining agreement. These plans generally involve multiple local unions that are part of the same national union board or work among different employers. Numerous industries utilize these types of plans, including mining, health care, transportation, arts and construction. There are various benefits to utilizing a multi-employer plan such as the fact that employees get to retain their benefits even if they go from one employer to the next, and these benefits are provided to beneficiaries and workers tax-free.

Related Terms

  • Collective Bargaining
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    The content on our website is only meant to provide general information and is not legal advice. We make our best efforts to make sure the information is accurate, but we cannot guarantee it. Do not rely on the content as legal advice. For assistance with legal problems or for a legal inquiry please contact you attorney.

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