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ARPA Special Financial Assistance Applications: Interest Rate Blunders in Valuing Multiemployer Plan Liabilities
Burypensions Blog
[Opinion] Oct. 29, 2021 "In comparing how much bailout money insolvent multiemployer plans are asking from the government to what they reported as unfunded liabilities on their latest 5500 filings some substantial differences come to light. Now that most of the applications are online and the interest rates used for valuing [special financial assistance] liabilities have been divulged the idiocy of the method the PBGC forces these plans to use comes into focus." MORE >> |
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