noun
- plural of multiemployer; organizations or pension plans that involve multiple employers contributing to a single fund or benefit scheme
Usage: chiefly used in labor law and employee benefits contexts; often refers to multiemployer pension plans (MEPs) or multiemployer health plans
Examples
- The union negotiated benefits through multiemployers in the construction industry.
- Multiemployers pension plans pool resources from several companies to provide retirement security.
- The new regulation affects how multiemployers manage their contribution rates.
- Several multiemployers in the trucking sector faced financial challenges.
- Employees covered by multiemployers often have portable benefits across employers.