Pension plan funding after the American Rescue Plan Act (ARPA)

ARPA dramatically reduces the funding requirements for single employer defined benefit plans. But this is just one of many variables you'll need to consider when making cash funding decisions.

We'll discuss a top-down approach to developing a funding policy, with a focus on company goals and flexibility while balancing the shorter-term realities of benefit restrictions, PBGC premiums, and accounting costs.

Watch the Webinar _»

Cash availability has been at a premium throughout the pandemic as businesses adjust to the new environment. ARPA contains significant funding relief for single employer pension plans and reduces required cash contributions for many years. For plan sponsors, the challenge now is to develop a sound funding policy that meets the plan's longer-term objectives while also considering the cash and accounting needs of the business.

To help you evaluate your options, our speakers will address:

Whether your plan is frozen, hibernated, closed, or open to new employees, what should your goal be?
What are the key points you need to consider when developing a funding policy?
Examples of funding strategies

About our speakers

Jerry Hopper, FSA | Jerry is a Principal and Wealth Practice Leader of Buck’s Berwyn office. He has more than 25 years of experience in retirement program design, financial management, and administration. He works with clients across a range of industries and is a frequent presenter to boards and pension committees.

Scott Kropf, FSA, CFA, EA, FCA, MAAA | Scott is a Principal and Growth Leader for Buck’s U.S. Wealth Practice. He has more than 30 years of experience consulting clients on all aspects of their retirement programs and is an advisor to Buck's Office of the Chief Actuary.