Archived Insight | March 8, 2021

The American Rescue Plan Act of 2021 and Plan Sponsors

The Senate has passed its version of the American Rescue Plan Act of 2021, which includes a number of important provisions to sponsors of health, welfare and retirement plans. The House has resolved the differences between its earlier-passed version and the Senate version. The final bill is on its way to President Biden for signature into law.

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In the legislation is single-employer and multiemployer pension relief, language creating a program through the PBGC to provide financial assistance to troubled multiemployer plans and a newly created 100% COBRA subsidy program. Given the potentially far-reaching scope of the Act’s provisions, plan sponsors will want to learn more about the practical effect of key provisions.

This webinar replay features our panel – David Brenner, Segal’s National Director of Multiemployer Consulting; Senior Compliance Consultants Beth Bangert and Julia Zuckerman; and Regional Retirement Practice Leader Jason Russell – for a presentation and discussion including opportunities for submitting and answering questions.

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2024 IT Summit

"Techsploring" the Possibilities: Adapting to an Evolving Benefit Fund Office Landscape

Join us at an important summit, full of timely and useful information to support your fund’s future administration needs and goals.

Multiemployer Plans, Technology, Benefits Technology, ATC

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Strong Investment Returns Lead to Improvement in Zone Status

See an infographic of key findings from our latest survey of multiemployer pension plans showing 75% are in the green zone as of 1/1/24 — and more.

Retirement, Multiemployer Plans

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New HIPAA Rule Will Require Updates to Policies and Notices

Prepare to comply by December 23, 2024: New HIPAA rule on protections for PHI related to lawful reproductive healthcare

Health, Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.