On November 15, 2022, PBGC posted a list of plans that meet the requirements for SFA application Priority Group 6 which includes plans for which PBGC projects a present value of financial assistance payments under section 4261 of ERISA that would exceed $1 billion in the absence of SFA. The application period for Priority Group 6 plans is currently scheduled to open on February 11, 2023.
PBGC lists 14 eligible plans but according to Shcedule MB data from 2016 there were 103 plans with unfunded liabilities of over $1 billion – listed below with 9 of the 14 priority Group 6 plans located with their EIN in bold.
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