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Pension Reform Forces Employers to Consider Their Future Participation in Multiemployer Plans
Akin GumpLink to more items from this source
[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."

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