Forbes post, “On The Multi-Employer Pension Bailout, Is Half A Loaf Better Than None?”

3 thoughts on “Forbes post, “On The Multi-Employer Pension Bailout, Is Half A Loaf Better Than None?””

1. Pingback: On The Multi-Employer Pension Bailout, Is Half A Loaf Better Than None? | My Financial Maestro
2. Pingback: On The Multi-Employer Pension Bailout, Is Half A Loaf Better Than None? - Sovereign American

3. Hi Elizabeth. If you are going to hang your hat, and that of the PBGC, on what the legislation says, then how do you balance this with your comments? This from page 190 of the ARPA legislation:
   ) DETERMINATION OF AMOUNT OF SPECIAL FINANCIAL ASSIST-
   ANCE.—
   ‘‘(1) IN GENERAL.—The amount of financial assistance pro-
   vided to a multiemployer plan eligible for financial assistance
   under this section shall be such amount required for the plan
   to pay all benefits due during the period beginning on the
   date of payment of the special financial assistance payment
   under this section and ending on the last day of the plan
   year ending in 2051, with no reduction in a participant’s or
   beneficiary’s accrued benefit as of the date of enactment of
   this section,

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