2023
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Jan 25
PBGC SFA Rule Adds Exception Process for Certain Withdrawal Liability Conditions
Multiemployer pension plans that receive special financial assistance may request an exception for certain withdrawal liability conditions
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) today announced a final rule amending the special financial assistance (SFA) regulation to add an exception process for certain withdrawal liability conditions that apply to a plan that receives SFA. The amendment is responsive to public comments received on the SFA final rule published on July 8, 2022.
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Jan 20
Statement on SFA Application submitted by Bakery Drivers Local 550 Pension Fund
On September 28, 2022, the Pension Benefit Guaranty Corporation received an application for Special Financial Assistance (SFA) for the Bakery Drivers Local 550 and Industry Pension Fund (the “Plan”) requesting $132,250,472 in SFA.
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Jan 18
PBGC Approves Supplemented SFA Application for Local 641 Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Teamsters Local 641 Pension Plan (Local 641 Plan).
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Jan 18
PBGC Approves Supplemented SFA Application for GCIU Local 119B Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Printers League Graphic Communications International Union Local 11
2022
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Dec 22
PBGC Approves SFA Application for Machinists Motor City Plan
Machinists Motor City Plan Will Restore Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the International Association of Machinists Motor City Pension Plan (Machinists Moto
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Dec 22
PBGC Approves SFA Application for Toledo Roofers Local 134 Plan
Toledo Roofers Local 134 Plan Will Restore Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Toledo Roofers Local No. 134 Pension Plan (Toledo Roofers Local 134 Plan).
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Dec 20
PBGC Approves Supplemented SFA Application for Longshoremen Local 1730 Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Management-Labor Pension Plan Local 1730 ILA (Longshoremen Local 17
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Dec 20
PBGC Approves Supplemented SFA Application for Local 408 Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Local 408 International Brotherhood of Teamsters, Chauffeurs, Wareh
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Dec 20
PBGC Approves Supplemented SFA Application for Local 365 UAW Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Local 365 UAW Pension Fund Pension Plan (Local 365 UAW Plan).
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Dec 20
PBGC Approves Supplemented SFA Application for Idaho Signatory Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Idaho Signatory Employers-Laborers Pension Plan (Idaho Signato
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Dec 13
PBGC Approves Supplemented SFA Application for Local 617 Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Teamsters Local 617 Pension Plan (Local 617 Plan).
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Dec 13
PBGC Approves Supplemented SFA Application for Graphic Arts Plan
WASHINGTON, D.C.— The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Graphic Arts Industry Joint Pension Plan (Graphic Arts Plan).
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Dec 9
PBGC Approves Supplemented SFA Application for Graphic Communications Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Graphic Communications Conference of the International Brotherhood
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Dec 9
PBGC Approves Supplemented SFA Application for FELRA Pension Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Food Employers Labor Relations Association and United Food and Comm
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Dec 9
PBGC Approves Supplemented SFA Application for Road Carriers Local 707 Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Road Carriers Local 707 Pension Plan (Road Carriers Local 707 Plan)
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Dec 9
PBGC Approves Supplemented SFA Application for Local 805 Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Local 805 Pension and Retirement Plan (Local 805 Plan).
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Dec 9
PBGC Approves Supplemented SFA Application for Local 138 Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Local 138 Pension Plan (Local 138 Plan).
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Dec 9
PBGC Approves Supplemented SFA Application for Trucking Employees Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Trucking Employees of North Jersey Welfare Fund Inc.
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Dec 9
PBGC Approves Supplemented SFA Application for Teamsters 701 Plan
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension Plan (
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Dec 9
PBGC Approves Supplemented SFA Application for Iron Workers Local 17 Fund
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Iron Workers Local 17 Pension Fund (Iron Workers Local 17 Fund).