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Democrats Quickly Introduce Pension Relief Bill
Jackson Lewis P.C.Link to more items from this source
Jan. 25, 2021

"Similar to the bipartisan Butch Lewis Act, [the Emergency Pension Plan Relief Act (EPPRA)] emphasizes the 'partition' of troubled multiemployer pension plans. Partition is a procedure where a multiemployer pension plan is divided into two plans, with the [PBGC] accepting financial responsibility for the portion of the plan representing the benefits of participants for whom no contributions are being made."

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