On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARPA) into law. The key provisions for multiemployer pension plans are outlined here and summarized in more detail in the link below. In addition, Horizon Actuarial co-sponsored a webinar with Groom Law Group, NCCMP, and Segal Consulting to discuss the relief measures on Tuesday, March 23rd at 12:00PM EDT. Click here to view a recording of the webinar.
A more detailed summary can be viewed at the link below.
Please contact your Horizon Actuarial consultant or use the "contact us" page if you have any questions.