Finanse publiczne · 02/09/2015

Administration of Multiemployer Plan Participant Vote on an Approved Suspension of Benefits Under MPRA

The Multiemployer Pension Reform Act of 2014 (MPRA) allows plan sponsors to suspend pension benefits for participants in critical and declining status plans. Temporary regulations provide guidance on the vote process for suspending benefits, affecting active, retired, and deferred vested participants and employers contributing to these plans.