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Partial Plan Termination Relief Not a Free Pass for Reportable Events
MercerLink to more items from this source
[Guidance Overview]
Mar. 2, 2021

"Pandemic relief in the 2021 Consolidated Appropriations Act may help defined benefit (DB) plan sponsors with large workforce reductions avoid the cost of a partial plan termination ... But the relief won't excuse sponsors from the [PBGC] reporting requirements for an active-participant reduction."

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