American Rescue Plan Act of 2021 (5) 9705


Going through the text of the stimulus bill, section 9705 turns to funding relief for Single Employer plans by returning to the 15 year amortization schedule for minimum funding purposes for 2022 (with optional election for 2019, 2020, and 2021) as if draconian PBGC premiums were not enough in themselves to discourage underfunding.

Author(s): John Bury

Publication Date: 16 March 2021

Publication Site: Burypensions