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PBGC proposes multiemployer plan merger rule

The proposed rule implements changes under the Multiemployer Pension Reform Act of 2014 (MPRA).

By Marlene Y. Satter | Updated on June 03, 2016
Photo: Getty Images

The Pension Benefit Guaranty Corporation (PBGC) is proposing a rule to facilitate mergers of multiemployer pension plans that will be published in the Federal Register on June 6. 

The proposed rule implements changes under the Multiemployer Pension Reform Act of 2014 (MPRA). PBGC has authority to facilitate plan mergers by providing technical assistance, or financial assistance, if necessary, to avoid plan insolvency.

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