1-B-4 - Update from the PBGC - Multiemployer Edition
This session 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 updated statistics about plans that have already received SFA, observations on the application process, PBGC guidance, “lessons learned” from applications received to‐date, what to expect for plans that have not yet applied, updates on the census data review process in the last year, and information on filings to demonstrate compliance with conditions after receiving SFA; review PBGC’s most recent financial position and projected funding position of the multiemployer insurance program; discuss the new 4044 assumptions and the impact on withdrawal liability calculations; and cover other PBGC activities – including the upcoming premium due date, changes to the Form 5500, and newly available resources (i.e., the most recent pension insurance data tables).
Speakers:
Eli Greenblum
Representative