MPRA Archives - Word on Benefits

How SFA Rules Impact Annual Funding Notice Requirements

Jenny Gartman, CEBS

09 May 202309 May 2023

The American Rescue Plan Act (ARPA) of 2021 authorized special financial assistance (SFA) through the Pension Benefit Guaranty Corporation (PBGC) to eligible severely underfunded multiemployer plans. ARPA added section 4262 to Title IV of the Employee Retirement Income Security Act (ERISA). The multiemployer plans […]

American Rescue Plan Act (ARPA) Employee Benefits MPRA Multiemployer PBGC Pensions Regulatory Retirement U.S.

PBGC Special Financial Assistance “Lock-In” Application for Nonpriority Plans

Jenny Gartman, CEBS

08 Nov 202208 Nov 2022

Multiemployer pension plans that intend to apply for SFA from the PBGC should note the schedule for reviewing applications and may want to consider submitting a lock-in application.

American Rescue Plan Act (ARPA) Employee Benefits MPRA Multiemployer PBGC Pensions Retirement U.S.

PBGC Implements Special Financial Assistance Program for Financially Troubled Multiemployer Pension Plans

Jenny Gartman, CEBS

15 Jul 202115 Jul 2021

The Pension Benefit Guaranty Corporation (PBGC) has released an interim final rule that focuses on special financial assistance (SFA) applications and related restrictions and conditions pursuant to the American Rescue Plan Act of 2021 (ARPA). Read more about ARPA’s provisions to transfer […]

Defined Benefit (DB) Plans Employee Benefits MPRA Multiemployer PBGC Pensions Retirement

Proposed Multiemployer Pension Recapitalization and Reform Plan

Jenny Gartman, CEBS

26 Nov 201902 Dec 2019

On November 20, 2019, Senators Chuck Grassley and Lamar Alexander released the Multiemployer Pension Recapitalization and Reform Plan proposal. The proposal was released in the form of a white paper and a technical explanation and has not been introduced as a legislative […]

Defined Benefit (DB) Plans Employee Benefits MPRA Multiemployer Pensions Retirement

Update on the Butch Lewis Act

Jenny Gartman, CEBS

26 Jul 201902 Dec 2019

Earlier this year I updated you on some things I was watching regarding multiemployer pension reform, and since there has been some recent action on the Butch Lewis Act I thought it was time for an update. Here’s what you need to […]

Defined Benefit (DB) Plans Employee Benefits MPRA Multiemployer Pensions Regulatory Retirement

Multiemployer Pension Reform Update

Jenny Gartman, CEBS

23 Apr 201926 Jul 2019

Wondering about the latest multiemployer pension reform updates? You can always check the International Foundation Multiemployer Pension Reform Act (MPRA) page for updates, but here are four things I have on my radar—including the very latest on the Butch Lewis Act. 1. […]

Employee Benefits MPRA PBGC Pensions

Alternative Withdrawal Liability Payment Guidance—What Does It Mean?

Jenny Gartman, CEBS

16 Apr 201817 Apr 2018

In April, the Pension Benefit Guaranty Corp. (PBGC) released a policy statement titled “Requests to Review Multiemployer Plan Alternative Terms and Conditions to Satisfy Withdrawal Liability.” I’ll share my takeaways from reading it and attending a media call with Tom Reeder, Director […]

Affordable Care Act (ACA) Employee Benefits Health Care Legislative MPRA Retirement Talking Benefits Podcast

Talking Benefits Episode 13: New Year, New Direction

Staff

19 Jan 201819 Jan 2018

We welcome the new year with a fresh episode of the Talking Benefits podcast. We have the latest benefits updates and some exciting news of our own. Be sure to listen to the end! This month’s show—Episode 13: New Year, New Direction (Recorded […]

Affordable Care Act (ACA) Employee Benefits Health Care Insurance Legislative MPRA Paid Leave Regulatory Retirement Talking Benefits Podcast

Talking Benefits Podcast Episode 11: Never a Dull Moment

Staff

17 Nov 2017

News, news and MORE NEWS! The fall months have brought an exhausting amount of ACA news as well as tax reform bills from the House and the Senate, so we’ve got you covered. The Talking Benefits podcast has a rundown of everything […]

Affordable Care Act (ACA) Employee Benefits Employee Benefits Survey Health Care Insurance MPRA Opioid Abuse

Talking Benefits Podcast Episode 10: Please Hold

Staff

13 Oct 201713 Oct 2017

Benefits news has been far from static in the past few weeks. After a month buzzing with activity and few definitive answers, news broke late Thursday with two new announcements from the White House impacting the future of ACA. Listen to today’s […]