Definitions for "Multiemployer Plan"
A pension plan, maintained under a collective bargaining agreement, that covers the employees of more than one employer. Generally, the various employers are not financially related but rather are engaged in the same industry.
a benefit plan covering people who work for more than one employer, under one or more collective bargaining agreements
a collectively bargained pension arrangement involving more than one unrelated employer, usually in a common industry, such as construction, trucking, textiles, and coal mining