Fraud occurs in all types of multiemployer benefit plans, and trustees have a responsibility to prevent and detect fraud as a part of their duty of oversight. In their article… Read more >
Kathy Bergstrom, CEBS
April 13, 2022
Cybersecurity, Education, Employee Benefits, Financial Education, Financial Wellness, Fraud, Multiemployer, U.S.employee benefits, fraud, fraud detection, fraud prevention, trustee
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Those working in the employee benefits industry are facing a landscape that changes daily. The International Foundation’s research team takes trending topics, from paid leave to financial education and mental… Read more >
Justin Held, CEBS
February 22, 2022
Apprenticeship Programs, Canada, Communication, Coronavirus (COVID-19), Employee Benefits, Employee Benefits Survey, Mental Health, Multiemployer, Pensions, Retirementapprenticeship, employee benefit trends, employee benefits, employee benefits survey, health care benefits, mental health, multiemployer plans, pension, retirement
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According to the most recent data from The Multiemployer Retirement Plan Landscape: A Fifteen-Year Look (2004-2018), demographic trends in multiemployer plans have become less favorable as the number of actively… Read more >
Justin Held, CEBS
January 24, 2022
Defined Benefit (DB) Plans, Employee Benefits, Financial Education, Financial Wellness, Investments, Multiemployer, Pensions, U.S.defined contribution plans, employee benefits, multiemployer defined benefit plans, multiemployer pension plans, stock market
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On September 20, 2021, PBGC released its Fiscal Year (FY) 2020 Projections Report and a Five-Year Multiemployer Program Report. The reports show a substantial improvement in the outlook for PBGC’s… Read more >
Jenny Lucey, CEBS
September 28, 2021
American Rescue Plan Act (ARPA), Defined Benefit (DB) Plans, Employee Benefits, Multiemployer, PBGC, Pensions, U.S.ARPA, multiemployer defined benefit plans, multiemployer pension plans, multiemployer plans, PBGC, PBGC Multiemployer Insurance Program, special financial assistance (SFA)
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During a webcast on August 10, 2021 titled Financial Assistance Program Overview for Financially Troubled Multiemployer Pension Plans, speakers shared insights on the Pension Benefit Guarantee Corporation (PBGC) special financial… Read more >
Jenny Lucey, CEBS
August 30, 2021
American Rescue Plan Act (ARPA), Defined Benefit (DB) Plans, Employee Benefits, Multiemployer, PBGC, Pensions, U.S.American Rescue Plan Act of 2021, ARPA, multiemployer defined benefit plans, multiemployer pension plans, PBGC, pension, pension plan relief, pension plans, special financial assistance (SFA)
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The Pension Benefit Guaranty Corporation (PBGC) and Treasury officials have delivered a new briefing on the special financial assistance (SFA) program for financially troubled multiemployer plans under the American Rescue… Read more >
Jenny Lucey, CEBS
August 12, 2021
American Rescue Plan Act (ARPA), Defined Benefit (DB) Plans, Employee Benefits, Multiemployer, PBGC, Pensions, U.S.American Rescue Plan Act of 2021, ARPA, multiemployer defined benefit plans, multiemployer pension plans, multiemployer plans, PBGC, pension plans, special financial assistance (SFA)
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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… Read more >
Jenny Lucey, CEBS
July 15, 2021
American Rescue Plan Act (ARPA), Employee Benefits, MPRA, Multiemployer, PBGC, Pensions, Retirement, U.S.American Rescue Plan Act of 2021, ARPA, MPRA, multiemployer defined benefit plans, multiemployer pension plans, multiemployer plans, PBGC
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The Internal Revenue Service (IRS) has issued Notice 2021-31 which provides guidance for multiemployer plans and plan administrators regarding the new credit available to them for providing continuation health coverage… Read more >
Jenny Lucey, CEBS
June 9, 2021
American Rescue Plan Act (ARPA), Coronavirus (COVID-19), Employee Benefits, Health Care, Multiemployer, Regulatory, U.S.American Rescue Plan Act of 2021, ARPA, COBRA, COBRA premium assistance, COBRA subsidy, Health Care, health care benefits, health care costs, health care plan, health coverage, health insurance, multiemployer health plans
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The 117th session of Congress began on January 3, 2021, and was marked with a flurry of newly introduced legislation. The past five months have seen the introduction of several… Read more >
Justin Held, CEBS
June 3, 2021
Apprenticeship Programs, Employee Benefits, Legislative, Multiemployer, U.S.apprenticeship, apprenticeship bills, apprenticeship programs, recruiting apprentices
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As the safekeeper of plan assets, custodians are among the service providers that multiemployer benefit plan trustees have a fiduciary duty to monitor. Yet plan custodians are not discussed as… Read more >
Kathy Bergstrom, CEBS
May 24, 2021
Employee Benefits, ERISA, Investments, Multiemployer, Regulatory, Retirement, U.S.ERISA, fiduciary, investments, multiemployer trustee boards, plan custodian, plan sponsors, retirement plans, trustee
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