Multiemployer Plans Committee

Comments from Committees on Exposure Draft of Proposed Revision of ASOP No. 27 and Repeal of ASOP No. 35

Comments from the Pension Committee, Multiemployer Plans Committee, and Public Plans Committee to the Actuarial Standards Board regarding the exposure draft of the proposed revision of Actuarial...

Letter to PBGC on Special Financial Assistance Application Process for Non-Priority Plans

Multiemployer Plans Committee letter to Pension Benefit Guaranty Corporation (PBGC) advancing ideas regarding the Special Financial Assistance (SFA) application process for non-priority plans.  

Cross-Committee Discussion Brief on Actuarial Considerations When Using Augmented Mortality Models

Discussion brief authored by members of Pension, Multiemployer, and Public Plans Committees detailing approaches and complexities of using augmented pension mortality assumptions.  

Comments from Committees on Third Exposure Draft of ASOP No. 4

Comments from the Pension Committee, Multiemployer Plans Committee, and Public Plans Committee to the Actuarial Standards Board regarding the third exposure draft of Actuarial Standard of Practice...

Comment Letter to PBGC on Interim Final Rule regarding Special Financial Assistance for Multiemployer Plans enacted under ARPA

Multiemployer Plans Committee letter to Pension Benefit Guaranty Corporation (PBGC) submitted in response to PBGC’s request for comments on its Interim Final Rule regarding Special Financial...

Comment Letter to Treasury Department and IRS on Multiemployer Plan Temporary Funding Relief Provisions

Multiemployer Plans Committee comments to U.S. Department of the Treasury and Internal Revenue Service (IRS) relating to implementation of the multiemployer pension plans temporary funding relief...

Meeting Notes from October 2020 Multiemployer Plans Committee Meeting with Treasury, Labor, and PBGC

Notes from October 9, 2020 Multiemployer Plans Committee meeting with officials of the Departments of the Treasury and Labor and Pension Benefit Guaranty Corporation on applications by plans in...

Multiemployer Plans Committee Update Meeting with Federal Agency Representatives

On March 17, 2021, the Multiemployer Plans Committee met with representatives from PBGC, the Department of the Treasury, and the Department of Labor to share the committee’s initial observations...

Comment Letter on Proposed Form for Annual Actuarial Certification for Multiemployer Plans

Multiemployer Plans Committee letter to Internal Revenue Service commenting on a proposed form for reporting the annual actuarial certification for multiemployer defined benefit plans.  

Comments from Committees on Second Exposure Draft of ASOP No. 4

Comments from the Pension Committee, Multiemployer Plans Committee, and Public Plans Committee to the Actuarial Standards Board regarding the second exposure draft of Actuarial Standard of Practice...

Issue Brief on Selection of Assumptions for Multiemployer Plans

Multiemployer Plans Committee issue brief detailing considerations and approaches to the selection of actuarial assumptions for multiemployer plans.  

Issue Brief on Withdrawal Liability

Multiemployer Plans Committee issue brief addressing current practices and approaches to the selection of withdrawal liability interest rates.  

Committee Requests Leniency on Certifications Deadline for Multiemployer Pension Plans

Multiemployer Plans Committee letter to Internal Revenue Service requesting leniency on March 30th deadline for multiemployer pension plan certifications.  

Committee Comments to U.S. Senate on Multiemployer Pension Recapitalization and Reform Plan

Multiemployer Plans Committee comment letter to the U.S. Senate Committee on Finance regarding the Multiemployer Pension Recapitalization and Reform Plan.  

Comments from Committees on ASOP 27 and 35 Exposure Drafts

Comments from the Pension Committee, Multiemployer Plans Committee, and Public Plans Committee to the Actuarial Standards Board on the exposure drafts of Actuarial Standards of Practice 27 and 35.  

Committee Notes from Meeting with Treasury, PBGC, and DOL

Notes from a meeting earlier this year between members of the Multiemployer Plans Committee of the American Academy of Actuaries (the Committee) with representatives of the U.S. Department of...

Follow-up Letter to Joint Select Committee on Solvency of Multiemployer Pension Plans

Multiemployer Plans Committee follow-up letter to the Joint Select Committee on Solvency of Multiemployer Pension Plans on key topics discussed during June 22 meeting regarding loan proposals and...

Committee Notes from Meeting with Treasury, Labor, and PBGC

Notes from the Multiemployer Plans Committee meeting on Feb. 23, 2018 with officials of the Treasury and Labor departments, and Pension Benefit Guaranty Corporation to discuss applications by...

Joint Select Committee on Solvency of Multiemployer Pension Plans Hearing “The History and Structure of the Multiemployer Pension System” Responses for the Record

Joint Select Committee on Solvency of Multiemployer Pension Plans Hearing “The History and Structure of the Multiemployer Pension System” Responses for the Record Ted Goldman, Senior Pension...

Loan Programs for Underfunded Multiemployer Plans

Multiemployer Plans Committee issue brief discussing the costs and risks associated with multiemployer loan programs, and the ways in which these programs could benefit troubled plans and their...