PBGC Partition Rules Give Clear Guidance, Will Help Preserve Plans, Commenters Say

PBGC Partition Rules Give Clear Guidance, Will Help Preserve Plans, Commenters Say

Regulations issued by the Department of Treasury and the Pension Benefit Guaranty Corporation will help troubled multiemployer plans from sliding into insolvency, but not without forcing participants and beneficiaries to make hard choices, pension professionals told Bloomberg BNA in recent interviews.