This is another type of defined benefit plan that provides lifetime income to the participants of the plan. Some have…
These plans have been around for a long time, but are now being viewed negatively by employers. Much of that…
Defined benefit (DB) pension plans have many risks and, unfortunately, these risks are not always addressed and managed appropriately. In…
Special Financial Assistance Guidance Issued by the PBGC Background The PBGC administers a Multiemployer Insurance Program under Title IV of…
“Fresh Start” and Extended Amortization Funding Shortfalls The Act provides a “fresh start” on the amortization of a single-employer plan’s…
Financial Assistance for Severely Underfunded Multiemployer Plans The Act creates a special financial assistance program to ensure the solvency of…
This white paper discusses a couple of new adjustable pension plan designs available to plan sponsors and the rationale for…
The DOL has announced in this notice an extension of deadlines for furnishing required notices or disclosures to plan participants,…
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) became law. During its assembly, we…
On November 20th, two Republican Senators issued a Multiemployer Pension Recapitalization and Reform Plan via a white paper summarizing proposals…