1-B-4 - PBGC Multiemployer Update

Over the past year, PBGC has finalized regulations governing the Special Financial Assistance (SFA) Program and is in full implementation mode. The Agency has also issued proposed regulations on withdrawal liability interest rate assumptions. This is an opportunity for multiemployer pension actuaries to hear directly from PBGC on the SFA program and other key topics of interest in regard to PBGC’s multiemployer insurance program. Representatives:

• Discuss statistics about plans that have already received assistance, observations on the application process, PBGC guidance, “lessons learned” from applications received to-date, what to expect for plans that have not yet applied, and information on compliance with conditions after receiving SFA;
• Provide an update on the proposed 4213 regulation on withdrawal liability;
• Review PBGC’s most recent financial position and projected funding position of the multiemployer insurance program; and
• Cover other PBGC activities – including upcoming regulations, recent PBGC guidance, and newly available resources.


Eric Giangiulio

Pension Benefit Guaranty Corp.

Mr Theodore A. Goldman

Pension Benefit Guaranty Corp.

Mr. Joshua Shapiro

Groom Law Group, Chartered

Mr. Kevin M. Muse

Pension Benefit Guaranty Corp.

Mr. Marcus Cleary

Pension Benefit Guaranty Corp.


CPD Credit: 1.50 EA Core Credit: 1.50 EA Ethics Credit: 0.00 EA Non-Core Credit: 0.00 EA Formal Credit: 1.50