The White House has outlined a final rule implementing the American Rescue Plan’s Special Financial Assistance (SFA) program, billed as protecting “millions of workers in multiemployer pension plans who faced significant cuts to their benefits.” Before American Rescue, retirees participating in more than 200 multiemployer pension plans faced the prospect of not receiving full benefits—often the consequence of past financial…
Read MoreTuesday, April 16, 2024
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