Pensions

DOL Guidance on Lost Retirement Plan Participants

DOL Guidance on Lost Retirement Plan Participants

The issue of what to do about lost or missing participants is a frustrating one for plan sponsors. These participants often have terminated participation in a plan because they took… Read more >

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 >

Changes to Single Employer Pension Plan Funding With the American Rescue Plan Act (ARPA)

Changes to Single Employer Pension Plan Funding With the American Rescue Plan Act

Provisions in the American Rescue Plan Act (ARPA) have the potential to help many single employer pension plan sponsors weather the economic impacts of the COVID-19 pandemic while providing time… 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 >