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| ARPA Rescue Is Literal for Distressed Multiemployer Plans Principal Financial Group  [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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