Solvency is Now Within Reach for Many Multiemployer Pensions, According to New Report from NISA
ST. LOUIS, Dec. 2, 2022 /PRNewswire/ -- NISA Investment Advisors, LLC ("NISA") released a special report to assist multiemployer pension plans in achieving solvency by navigating the labyrinth of changes under the Special Financial Assistance ("SFA") program's Final Rule. As outlined in a prior NISA posting, the SFA provisions of Sec. 9704 of the American Rescue Plan Act of 2021 ("ARPA") provide a lifeline to many multiemployer plans otherwise facing insolvency in the coming decade.
- ST. LOUIS, Dec. 2, 2022 /PRNewswire/ -- NISA Investment Advisors, LLC ("NISA") released a special report to assist multiemployer pension plans in achieving solvency by navigating the labyrinth of changes under the Special Financial Assistance ("SFA") program's Final Rule.
- 9704 of the American Rescue Plan Act of 2021 ("ARPA") provide a lifeline to many multiemployer plans otherwise facing insolvency in the coming decade.
- The report also demonstrates that knowing how bad an outcome can be in a downside scenario helps identify a better investment strategy for multiemployer pension plans.
- NISA Investment Advisors, LLC is a registered investment adviser, and manages assets for some of the largest institutional investors in the U.S.