A Review of the Single-Employer Funding Provisions Under the American Rescue Plan Act
By EsqSocial Corporation 14/04/21
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (Pub. Law 117-2, the “Act” or “ARPA”). The Act, among other things, provides significant funding relief for single-employer defined benefit pension plans, similar to the relief provisions in the HEROES Act (H.R. 6800, 116th Congress) passed by the House of Representatives in May 2020. This article focuses specifically on the Act’s single-employer pension funding provisions. For more information on the other...
By: Groom Law Group, Chartered