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Multiemployer Pension Plan Financial Assistance Program Unlikely to Reduce Withdrawal Liability Exposure
Foley & Lardner LLP [Guidance Overview] May 21, 2021 "PBGC is expected to use [ARPA's] grant of regulatory authority to provide that an employer's withdrawal liability is calculated without regard to any financial assistance received by the plan for up to 15 years (or such other period prescribed by the PBGC), substantially consistent with the original House provision." |
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