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Multiemployer Pension Plans Seeking Special Financial Assistance Can Now Request Relief from Withdrawal Liability Conditions
Morgan Lewis Link to more items from this source
[Guidance Overview]
Feb. 9, 2023

"A plan that wishes to request an exception from the withdrawal liability requirements must demonstrate that the exception would reduce the risk of loss to plan participants and beneficiaries, and would not increase expected employer withdrawals. The plan must also demonstrate that the exception would not increase the amount of the plan's SFA or unreasonably increase the PBGC's risk of loss."

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