Link: https://www.ai-cio.com/news/democrats-introduce-bill-protect-pensions-expand-pgbcs-power/
Excerpt:
KEY TAKEAWAYS
Bill would create a special partition program that would expand PBGC’s authority.
Pension plans would no longer be able to seek a reduction in benefits under MPRA.
PBGC would begin receiving federal funding and double its maximum guaranteed benefit.
Author(s): Michael Katz
Publication Date: 22 January 2021
Publication Site: ai-CIO