Benefit suspensions require trustees and plan professionals to face difficult decisions. Proposed legislation aiming to eliminate benefit suspensions and solvency issues surrounding the Pension Benefit Guaranty Corporation further complicate the decision-making process. This article provides an overview of the benefit suspension process, identifies considerations for trustees and plan professionals, and shares the lessons learned from previous applications.
Multiemployer Review: Benefit suspensions under MPRA—An overview and lessons learned
ByCasey Baldwin, and John Rowland
1 July 2020
Multiemployer Review: Benefit suspensions under MPRA—An overview and lessons learned