United States: PBGC Issues Guidance On New Special Financial Assistance Program For Troubled Multiemployer Pension Plans - Proskauer Rose LLP

United States: PBGC Issues Guidance On New Special Financial Assistance Program For Troubled Multiemployer Pension Plans - Proskauer Rose LLP

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As we previously reported, the American Rescue Plan Act of 2021 created a special financial assistance program that is administered by the Pension Benefit Guaranty Corporation and intended to extend the solvency of certain financially troubled multiemployer plans.

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