Insight
Pulse Survey: Mental health benefits
Survey: Since the pandemic began, 66% of employers report increased use of mental health resources offered through their benefits plan, and 62% indicate a significant spike in claim costs
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?
Insight
Survey: Since the pandemic began, 66% of employers report increased use of mental health resources offered through their benefits plan, and 62% indicate a significant spike in claim costs
Client Action Bulletin: Plan termination and de-risking strategies under the American Rescue Plan Act of 2021
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.