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The Pension Benefit Guaranty Corporation has added an additional Priority Group to submit completed applications for Special Financial Assistance.
At this time, multiemployer plans in Priority Group 2 (Implemented MPRA benefit suspensions before 3/11/2021), can apply at https://efilingportal.pbgc.gov/site/.
When the application period opens to multiemployer pension plans, PBGC will accept as many applications as the agency estimates it can process in 120 days. Once the number of applications reaches that level, the application period will temporarily close until PBGC has capacity to process more applications. PBGC will update this page when the application period opens and closes and will post information about the status of submitted applications. PBGC will also contact prospective applicants via email when new information is available.
For more information see American Rescue Plan (ARP) Special Financial Assistance Program or contact multiemployerprogram@pbgc.gov.
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