PBGC Issues Final Rule on Special Financial Assistance Program for Troubled Multiemployer Pension Plans
Proskauer's Employee Benefits & Executive Compensa
JULY 11, 2022
On July 8, 2022, the Pension Benefit Guaranty Corporation (“PBGC”) published its much anticipated final rule on the special financial assistance (“SFA”) available to certain troubled multiemployer plans under the American Rescue Plan Act of 2021 (“ARPA”).
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