CHAPTER LEADERSHIP Jul 14 2021 PBGC Releases New Interim Rule Enacted in March 2021, the American Rescue Plan Act of 2021 (“ARPA”) provides eligible severely underfunded multi-employer pension plans with a lump-sum payment (called “Special Financial Assistance” or “SFA”) that would allow the plan to pay all benefits due through 2051. Read More Download PDF
SMACNA Press Release Mar 20 2020 SMACNA Applauds U.S. Department of Labor for Excluding Construction in the IRAP Final Rule SMACNA announced its support of the final rule by the U.S. Department of Labor regarding Industry-Recognized Apprenticeship Programs (IRAPs). Read More
