House Ways and Means Committee Chairman Richard Neal, D-Massachusetts, has introduced the Emergency Pension Plan Relief Act of 2021 (EPPRA). The bill includes provisions designed to address the worsening multiemployer pension crisis. According to Neal, it is a standalone version of a provision from the House-passed Heroes Act. It also contains long-expected proposals for single-employer defined benefit (DB) plan funding relief. “The COVID-19 economic downturn has only worsened the multiemployer pension crisis and increased the urgency with which we must [...]