Article
Summary of regulatory developments: Updates for March 2021
UK life insurance: Summary of regulatory developments for March
Proposed multiemployer legislative changes released: The Multiemployer Pension Recapitalization and Reform Plan
By Grant Camp and Ryan Rowland
26 November 2019
On November 20, 2019, Senators Charles E. Grassley and Lamar Alexander released a white paper and accompanying technical explanations describing their proposed Multiemployer Pension Recapitalization and Reform Plan, which is their strategy to address the projected insolvency of approximately 125 multiemployer pension plans and the projected failure of the Pension Benefit Guaranty Corporation multiemployer program which is intended to backstop insolvent pension plans. This alert summarizes key aspects of the proposed legislation.
Explore more tags from this article
About the Author(s)
INSIGHT
Related Milliman Insight
Milliman and our third party website analytics and performance partners use cookies on our website that collect and use personal information (your IP address) in order to select and deliver statistical data on your use of our website and the pages your visit. By clicking “Accept” you consent to the placement and use of cookies by Milliman and our third party analytics partners for these purposes. Before you consent and in order to understand more details and choices surround how Milliman uses cookies you may click on our Cookie Policy. If you are comfortable accepting Cookies for analytics and performance purposes click “Accept.”
Analytics and Performance
These Cookies are used by us or third-party service providers to analyze how the Sites are used and how they are performing. We use the following service providers and you can learn more about their privacy policies and how to opt-out of their cookies by clicking on these links:
AI Media: Privacy Policy
Google.com: Privacy Policy
These Cookies are necessary for you to access and navigate our sites.
Social...
We use ‘social buttons’ to enable our users to share or bookmark web pages. These are buttons for third party social media sites. We use the following service providers and you can learn more about their privacy policies and how to opt-out of their cookies by clicking on these links:
Facebook.com: Privacy Policy
Google: Privacy Policy
LinkedIn.com: Privacy Policy
Twitter: Privacy Policy