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What Employers Contributing to Multiemployer Plans That Receive 'Special Financial Assistance' Need to Know
Fox Rothschild LLP
[Guidance Overview] Sept. 14, 2022 "[The Final Rule] clarifies that a condition on the receipt of SFA is that a [multiemployer plan] may not accept a collective bargaining agreement that allows for a reduction in the contribution rate, or a change in the basis on which the contributions are made that would yield a contribution obligation reduction, from what was set forth in a collective bargaining agreement as of March 11, 2021, including agreed-to contribution increases in those agreements." MORE >> |
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