Without congressional intervention, about 100 multiemployer pension plans are expected to become insolvent in the next 20 years, and some much sooner. In other words, for these pension.
PBGC Issues Final Rule with Simplified Methods for Withdrawal Liability Calculations | Proskauer - Employee Benefits & Executive Compensation Blog jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
The Pension Benefit Guaranty Corporation final rule impacting the calculation of withdrawal liability by multi-employer pension plans in endangered or critical status. The final rule applies to withdrawals from multi-employer plans that occur in plan years beginning on or after February 8, 2021.
TRA Acquires R. Bruce Tanner & Associates
The Retirement Advantage Inc. (TRA) has acquired R. Bruce Tanner & Associates (RBT) of Sugar Hill, Georgia.
“RBT has been a successful firm for decades. Both of our companies have substantial expertise in delivering industry-leading solutions to our clients, built upon a shared commitment to innovative technology and strong financial and operational discipline,” says
Jeff Schreiber, vice president of distribution of TRA. “TRA and RBT are a natural fit to join forces, and together will provide even greater value to clients, prospects and our financial advisory partners.”
The new team of retirement professionals will be led by