PBGC released their rules on July 9, 2021 on how the Special Financial Assistance under the American Rescue Plan Act (ARPA) for multiemployer plans will be calculated, applied for, and … Continued
While the House and Senate debate the various provisions of a proposed COVID relief bill, the multiemployer plan relief provisions in the House bill released two weeks ago have changed. … Continued
We now have another showdown between vastly different multiemployer relief proposals. Recently, Representative Richard Neal (D-MA) introduced the Emergency Pension Plan Relief Act of 2021 (EPPRA). This is similar to … Continued
On December 17, 2020, Senator Grassley (R-IA) on behalf of himself and Senator Alexander (R-TN) introduced a proposal called the Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2020. … Continued
The Society of Actuaries (SOA) has released mortality improvement scale MP-2019, an annual update to the scale MP series released since 2014. In addition, the SOA has released a new … Continued
Inside this Issue: Cowden News Cowden Associates, Inc. Hires Top Talent for Health and Benefits, Retirement/Actuarial and Compensation Practices Industry News Joint Select Committee on Solvency of Multiemployer Pension Plans … Continued