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London Market Monitor – 30 September 2021
September delivers some ups and downs: Equity and bond markets mostly fell, risk-free rates rose, UK inflation increased, and volatility notched upward.
Multiemployer Alert: American Rescue Plan significantly improves financial status of PBGC
23 September 2021
The Pension Benefit Guaranty Corporation (PBGC) released its 2020 fiscal year Projections Report, which forecasts the financial condition of the PBGC’s multiemployer insurance program over the next 10 years, and its 2020 Multiemployer Program Quinquennial Report (“5-Year Report”), which reviews whether the premiums are sufficient to sustain current benefit guarantee levels.
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Multiemployer Alert: American Rescue Plan significantly improves financial status of PBGC
The 2020 fiscal year Projections Report forecasts the financial condition of the PBGC’s multiemployer insurance program over the next 10 years, and its 2020 Multiemployer Program Quinquennial Report (“5-Year Report”).