PBGC Guidance on CARES Act – UPDATE

Vectra DigitalBlog

The CARES Act, signed into law in March 2020, provided contribution relief to employers by allowing contributions to be delayed until the end of 2020.  Initial guidance from the PBGC clarified that payment / filing deadlines would not be extended, rendering delayed contributions useless for 2020 premium purpose (see our summary of prior guidance here). Updated PBGC guidance released this … Read More