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| New PBGC Rule Provides Guidance – and More Questions – on Special Financial Assistance Program for Underfunded Multiemployer Pension Plans Michael Best  [Guidance Overview] Aug. 11, 2021 "[T]he classification of Special Financial Assistance funds as plan assets and the utilization of mass withdrawal interest assumptions will likely offset, to some extent, the impact of each change on actual withdrawal liability assessment amounts. Even so, there is no guarantee that this will occur in all cases; and the rule introduces further uncertainty for employers regarding their potential withdrawal liability[.]" |
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