Union leaders are often skeptical of "pay-as-you-go" funding of pension plans that depend on which funding method?

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Union leaders are skeptical of "pay-as-you-go" funding of pension plans that depend on the current expenditure plan. Under this method, pension benefits are funded as they are earned by employees, rather than being funded in advance. This approach can be risky and volatile, as the funding for current pension obligations is based on current contributions and investment returns, rather than on long-term planning and investment strategies. As a result, unions may prefer more secure funding methods, such as trusted plans or insured plans. Profit-sharing plans are a different type of retirement plan that rely on sharing company profits with employees, rather than on traditional pension contributions.

Union Leaders Are Often Skeptical of "Pay-As-You-Go" Funding of Pension