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PBGC Issues Interim Final Rule on the American Rescue Plan Act's Special Financial Assistance Program
Littler
[Guidance Overview] July 12, 2021 "One key issue left open by the statutory text was the amount of SFA an eligible plan could receive.... [U]nder the PBGC's rule, the amount of the SFA is the value of all plan obligations minus the plan's resources. The obligations include an estimate of every amount the fund will need to pay out between the date of its application and 2051." MORE >> |
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