“Cromnibus Act” Changes for Multiemployer and Single-Employer Defined Benefit Pension Plans

2014-12-29T22:27:08-08:00December 29th, 2014|Categories: PBGC|Tags: , |

The Consolidated and Further Continuing Appropriations Act, 2015 (the so-called “Cromnibus Act”), enacted into law last week, is not just a $1.1 trillion spending bill that keeps most of the federal government open through September 2015. The Cromnibus Act also addresses several critical issues impacting multiemployer and single-employer pension plans and the Pension Benefit Guaranty Corporation (PBGC) and makes other changes affecting defined benefit plans. […]