Multiemployer Alert: PBGC FY 2021 Annual Report

The Pension Benefit Guaranty Corporation's Fiscal Year 2021 Annual Report covers financial health, operations, and activities of single employer and multiemployer insurance programs. The highlights of this report include:

• Special Financial Assistance program extends multiemployer insurance program solvency
• Current and future traditional financial assistance
• Concern over split plan arrangements
• Twelves mergers and four transfers during the year