PBGC

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

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

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 >

Three Key Takeaways: What ARPA Means for Green Zone Pension Plans

Three Key Takeaways: What ARPA Means for Green Zone Pension Plans

It was big news back in March when the American Rescue Plan Act of 2021 (ARPA) was enacted to provide grants, called “special financial assistance,” to boost the solvency of… Read more >

What the American Rescue Plan Act Means for Financially Troubled Multiemployer Pension Plans

What the American Rescue Plan Act Means for Financially Troubled Multiemployer Pension Plans

Listen to this post here. After years of debate on the topic of funding relief for multiemployer pension funds, Congress acted this week with the passage of the American Rescue… Read more >

Proposed Multiemployer Pension Recapitalization and Reform Plan

Proposed Multiemployer Pension Recapitalization and Reform Plan

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… Read more >