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PBGC Finalizes Revised Valuation and Notice Rules for Insolvent Multiemployer Plans
Buck
[Guidance Overview] May 9, 2019 "Plan sponsors of certain terminated or insolvent plans will now be required to file with PBGC information about withdrawal liability payments and whether any employers have withdrawn but have not yet been assessed withdrawal liability.... Most annual updates to notices of insolvency benefit level are eliminated after the first notice if the plan is insolvent in the current plan year or is expected to be insolvent in the next plan year." MORE >> |
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