Multiemployer Archives - Page 2 of 8

Trustee Tools for Monitoring and Preventing Fraud

Kathy Bergstrom, CEBS

13 Apr 202221 Apr 2022

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 “Three Essential Tools for Monitoring and Preventing Fraud” in the March/April issue […]

Apprenticeship Programs Canada Communication Coronavirus (COVID-19) Employee Benefits Employee Benefits Survey Mental Health Multiemployer Pensions Retirement

International Foundation Survey Research Studies: Benchmarking Stats You Can Use

Justin Held, CEBS

22 Feb 202222 Feb 2022

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 health, and provides in-depth coverage of employer responses through survey reports. The […]

Defined Benefit (DB) Plans Employee Benefits Financial Education Financial Wellness Investments Multiemployer Pensions U.S.

The Multiemployer Retirement Plan Landscape: 10 DB Plan Takeaways

Justin Held, CEBS

24 Jan 202201 Feb 2022

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 working participants have decreased relative to the number of inactive and retired […]

American Rescue Plan Act (ARPA) Defined Benefit (DB) Plans Employee Benefits Multiemployer PBGC Pensions U.S.

PBGC Improves Multiemployer Outlook Due to ARPA

Jenny Gartman, CEBS

28 Sep 202122 Oct 2021

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 Multiemployer Insurance Program due to the enactment of ARPA. The analysis of […]

American Rescue Plan Act (ARPA) Defined Benefit (DB) Plans Employee Benefits Multiemployer PBGC Pensions U.S.

Five Key Points to Know About PBGC Special Financial Assistance

Jenny Gartman, CEBS

30 Aug 202126 Aug 2021

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 assistance (SFA) program for financially troubled multiemployer plans under the American Rescue […]

American Rescue Plan Act (ARPA) Defined Benefit (DB) Plans Employee Benefits Multiemployer PBGC Pensions U.S.

Special Financial Assistance: Filing and Application Tips From PBGC Staff

Jenny Gartman, CEBS

12 Aug 202112 Aug 2021

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 Plan Act of 2021 (ARPA). During the briefing on July 22, 2021, […]

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 […]

American Rescue Plan Act (ARPA) Coronavirus (COVID-19) Employee Benefits Health Care Multiemployer Regulatory U.S.

How Do Multiemployer Plans Claim COBRA Premium Assistance Credit?

Jenny Gartman, CEBS

09 Jun 202108 Jun 2021

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 to certain individuals under COBRA. We summarized the COBRA changes under American […]

Apprenticeship Programs Employee Benefits Legislative Multiemployer U.S.

New Apprenticeship Bills 2021 Roundup from the U.S. Legislative Tracker

Justin Held, CEBS

03 Jun 202102 Jun 2021

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 bills in the areas of apprenticeship and workforce development. Below is a […]

Employee Benefits ERISA Investments Multiemployer Regulatory Retirement U.S.

Know Your Plan Custodian: What Does a Benefits Plan Custodian Do?

Kathy Bergstrom, CEBS

24 May 202120 May 2021

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 often as other service providers—especially those referred to as the A-Team: the […]