(Drew Angerer/Bloomberg)The struggles continue for the insurance fund backing millions of multiemployer pension plans, according to a government report released Wednesday. The growing deficit puts more pressure on Congress to raise the insurance premiums that companies pay into the multiemployer insurance fund or to come up with another solution to keep the insurance fund afloat. The troubles are plaguing the insurance fund for multiemployer pensions, which allow businesses to join together and share the costs of providing pensions to their workers and retirees. Read more:Treasury rejects plan to cut pension benefits for some retireesYour pension could go poof. The federal insurance fund protecting millions of pensions is running out of cash

Source: Washington Post November 16, 2016 18:06 UTC