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ARPA Rescue Is Literal for Distressed Multiemployer Plans
Principal Financial Group Link to more items from this source
[Opinion]
July 23, 2021

"[T]here are now over 150 Taft-Hartley plans plans in such critical condition they need immediate assistance (roughly 11 percent of all such plans). And the PBGC multiemployer insurance cupboard is bare from a wave of past failures and chronic premium undercollection.... So ARPA comes as welcome help to struggling plans and the union employees and retirees who rely on them."

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