Annual Meeting Mulitemployer Plans / Investment Sessions

A panel of PBGC representatives and practitioners discuss SFA regs, 4213 regs, SFA lessons learned, SPILLs, and mergers.

(Polling Included) Watch actuaries debate late-breaking issues affecting multiemployer actuaries. After each topic is addressed, the audience votes for the winner of each subject.

2014's Multiemployer Pension Reform Act (MPRA) broke all the rules, allowing multiemployer pension funds to reduce accrued benefits - even those in pay status! The application and political processes were shattering; 18 pension funds were successful. 2021's American Rescue Plan Act essentially ended that with the advent of "special financial assistance" (SFA) and priority categories. While not quite as intense as MPRA, SFA applications are rather complex. Hear from actuaries who have completed successful SFA applications in the earliest priority categories.

This session will continue the discussion about variable annuity plans in the multiemployer space. Coming off the strong returns of the last few years, funds are more interested than ever in finding new ways to protect and strengthen their plans. This session will include a deeper diver into the plan designs being implemented and will touch on some of the more creative solutions.

Come to engage in a group discussion with your fellow multiemployer practitioners on the hot topics that affect your consulting practice. While forum leaders will suggest topics, please bring your own burning questions as well.