SFA Bailouts: Round 2

Today, December 27, 2021, the American Rescue Plan (ARP) Special Financial Assistance Program opens up to multiemployer plans expected to be insolvent within one year of the date the plan’s application is filed.

There have been 20 filings in round 1 of plans already insolvent or projected to be insolvent by March 11, 2022 and, based on a review of 5500 data, there should be another 20 in this round 2:

One response to this post.

  1. Posted by Ray Shorter on December 27, 2021 at 10:50 am

    There’s only 18 funds in group 2


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: