Pension Reform Forces Employers to Consider Their Future Participation in Multiemployer Plans

Subscribe (Free) to
Daily or Weekly Newsletters

Post a Job

Featured Jobs

Education Consultant

Pentegra
(Remote / Putnam Valley NY)

Plan Compliance Analyst (Administrator)

RPA
(Remote)

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

<< Previous news item | Next news item >>

Pension Reform Forces Employers to Consider Their Future Participation in Multiemployer Plans
Akin Gump

[Guidance Overview]
July 13, 2021

"One predominant issue that the ARPA and the IFR do not address ... is what will happen to eligible plans after 2051 ... PBGC's guidance makes clear that the [special financial assistance (SFA)] only provides assistance in the amount necessary to ensure that eligible [multiemployer plans] are able to pay benefits through 2051 ... [S]takeholders will need to consider the future viability of [plans] that receive SFA and the likelihood of a post-2051 insolvency."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).

An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).