Randall & Hurley, Inc.
Loren D. Stark Company
EPIC Retirement Plan Services
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|ARPA Rescue Is Literal for Distressed Multiemployer Plans|
Principal Financial Group
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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