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PBGC Prescribes Program for Mulltiemployer Plan Partitions to Promote Preservation (PDF)
Buck
[Guidance Overview] June 29, 2015
"PBGC sets out the application process and notice requirement for partitioning multiemployer plans. PBGC intends to provide guidance on facilitated mergers in a separate rulemaking. PBGC expects that fewer than 20 plans will be approved for partition over the next three years and that the total financial assistance they will provide will be less than $60 million per year."
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