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ARPA: Federal Government Contributions to Union Pension Plans, and Other Pension Provisions
Frost Brown Todd LLC
[Guidance Overview] May 11, 2021 "Congress took a very rare step in ARPA requiring the federal government make contributions to some of the worst-funded MPPs using the PBGC as the conduit, as further described [in this article].... The Congressional Budget Office (CBO) estimates that the estimated outlays under ARPA for such contributions will be approximately $83 billion, most of which are expected to be contributed to the affected MPPs in 2022." |
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