PBGC Issues Regulation on Special Financial Assistance Program for Troubled Multiemployer Pension Plans
Post date
July 23, 2021
Body
The Pension Benefit Guaranty Corporation (PBGC) has issued an interim final rule implementing the special financial assistance provisions of the American Rescue Plan Act (ARPA) to assist financially troubled multiemployer pension plans.
The interim final rule outlines the following aspects of the special finance assistance (SFA).