Pension Benefit Guaranty Corporation Issues Proposed Rule for Multiemployer Plan Mergers and Transfers

ROBERT F. SCHWARTZ and ALEX E. TRABOLSI, June 2016 On June 6, 2016, the Pension Benefit Guaranty Corporation (“PBGC”) issued a new proposed rule clarifying the agency’s authority to facilitate the merger of multiemployer pension plans.  The rule would implement some of the statutory changes made by the Multiemployer Pension Reform Act of 2014 (“MPRA”). […]