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PBGC 2023 Premium Rates and Implications
Bolton Link to more items from this source
Nov. 22, 2022

"With these large increases set to take effect, there is no better time to do a death audit of your participant population to ensure that premiums are not being paid for deceased individuals who do not have a future benefit entitlement.... For many multiemployer plans, the premiums paid annually are not a meaningful share of the overall expenses ... The move to $35 per participant for 2023 creates a shorter-term problem ... than the longer-term implication of the big jump coming in 2031 under ARPA."

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