The American Rescue Plan Act 2021 (ARPA ’21) provides relief for defined benefit (DB) pension plans by effecting changes to the Internal Revenue Code and allowing for optional retroactive application dates. How does this new funding relief affect a plan sponsor’s decision to terminate or de-risk its single employer DB plans?
Client Action Bulletin: Plan termination and de-risking strategies under the American Rescue Plan Act of 2021
ByJake Pringle and Mary Leong
17 March 2021
Client Action Bulletin: Plan termination and de-risking strategies under the American Rescue Plan Act of 2021