JUST THE FACTS is prepared by First Actuarial Consulting, Inc. for general informational purposes only. It does not offer legal advice and does not claim to give all information regarding any given topic. As always, how these issues affect your plan specifically should be discussed with fund counsel before any action is taken in this regard.
This is another type of defined benefit plan that provides lifetime income to the participants…
These plans have been around for a long time, but are now being viewed negatively…
Defined benefit (DB) pension plans have many risks and, unfortunately, these risks are not always…
Special Financial Assistance Guidance Issued by the PBGC Background The PBGC administers a Multiemployer Insurance…
“Fresh Start” and Extended Amortization Funding Shortfalls The Act provides a “fresh start” on the…
Financial Assistance for Severely Underfunded Multiemployer Plans The Act creates a special financial assistance program…