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Pension Benefit Guaranty Corporation PBGC issued interim final rule on process for eligible troubled Multiemployer Pension Plans MEPPs to apply for Special Financial Assistance SFA under American Rescue Plan Act ARPA. PBGC published final rule effective August 8, 2022.
The recently published final regulation implementing last year’s massive multiemployer pension plan bailout contains a very thin silver lining, but overall, more bad news for already.
Pension Benefit Guaranty Corporation PBGC issued interim final rule on process for eligible troubled Multiemployer Pension Plans MEPPs to apply for Special Financial Assistance SFA under American Rescue Plan Act ARPA. PBGC published final rule effective August 8, 2022.