Multiemployer Pension Reform Act of 2014

The Multiemployer Pension Reform Act of 2014 (MPRA) was enacted on December 16, 2014. In the new law, Congress established new options for trustees of multiemployer plans that will potentially run out of money.

Under MPRA, plan trustees of multiemployer plans can submit an application to the Treasury Department showing that proposed pension benefit reductions are necessary to keep a plan from running out of money.

If the trustees do submit an application, PBGC continues to insure the plan, whether or not reductions occur. See Multiemployer Insurance Program Facts.

Kline-Miller Multiemployer Pension Reform Act of 2014

• Multiemployer Pension Reform Act of 2014 FAQs

PBGC Partition Regulation

• Partition Regulation FAQs
• Multiemployer Pension Reform Act of 2014 Rule

For Practitioners

• Partition FAQs for Practitioners
• Part 4233
• Model Notice for Plans Filing an Application for Partition Only
• Model Notice for Plans Filing Coordinated Applications for Partition and Suspension of Benefits

For Participants

• Multiemployer Plans and Partition
• Multiemployer Plan Insolvency and Benefit Payments Q&A