Customer Demand for Unionized Printing Companies Still Remains Strong

One of the greatest challenges facing union shops is their participation in multi-employer pension plans, according to Kyger. These plans are defined as critical by the Pension Protection Act of 2006, which means the plan is 65 percent funded or less. When a plan is underfunded, the participating employer has to footnote their company's withdraw liability on its balance sheet. Any firm that exits the plan must pay the withdraw liability.