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

  1. 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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