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Multiemployer Alert: American Rescue Plan significantly improves financial status of PBGC

23 September 2021

The Pension Benefit Guaranty Corporation (PBGC) released its 2020 fiscal year Projections Report, which forecasts the financial condition of the PBGC’s multiemployer insurance program over the next 10 years, and its 2020 Multiemployer Program Quinquennial Report (“5-Year Report”), which reviews whether the premiums are sufficient to sustain current benefit guarantee levels.


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