Troy A. Schnabel
By Troy A. Schnabel 6/8/2022
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARPA), which includes much-needed relief for multiemployer plans. Many plans are already insolvent, with the PBGC paying the plan’s benefits at the lower PBGC guaranteed benefit amount. In addition, 12 plans have cut...
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