pension plan relief Archives - Word on Benefits

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 Regulatory Retirement U.S.

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

Jenny Gartman, CEBS

29 Apr 202128 Apr 2021

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 eligible critical and declining status or insolvent plans under the Pension Benefit […]

American Rescue Plan Act (ARPA) Coronavirus (COVID-19) Employee Benefits Legislative Pensions Retirement U.S.

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

Kathy Bergstrom, CEBS

23 Apr 202122 Apr 2021

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 to consider how to integrate their business and pension funding strategies, suggests […]

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

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

Jenny Gartman, CEBS

10 Mar 202128 Apr 2021

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 Plan Act of 2021 (Rescue Plan)—likely one of the most significant pieces […]