Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Senior Plan Consultant

Jocelyn Pension Consulting
(Telecommute / San Rafael CA / Boulder CO)

Jocelyn Pension Consulting logo

Director of Regulatory Affairs

Health Plans Inc
(Westborough MA)

Health Plans Inc logo

Retirement Plan Administrator

Steidle Pension Solutions, LLC
(Lebanon NJ)

Steidle Pension Solutions, LLC logo

Retirement Plan Consultant

DWC - The 401(k) Experts

DWC - The 401(k) Experts logo

Retirement Plan Administrator


SPS logo

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn

<< Previous news item   |   Next news item >>

'CRomnibus Act' Brings Many Changes to Multiemployer and Single-Employer DB Plans
McGuireWoods Link to more items from this source
[Guidance Overview]
Dec. 28, 2014
"Changes for multiemployer pension plans are most sweeping, including: [1] Authorization to suspend benefits for active and retired participants where multiemployer plans in 'critical and declining status' meet detailed requirements. [2] Doubling of PBGC premiums for multiemployer plans. [3] Repeal of the 'sunset' provisions of the Pension Protection Act (PPA) multiemployer funding rules. [4] Disregard of PPA surcharges and certain other contributions when calculating withdrawal liability. [5] Expansion of PBGC authority to approve plan partitions and facilitate plan mergers."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020, Inc.