Government Affairs News


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Federal Vaccine Guidance

Employees of federal contractors (and subcontractors) have until December 8 to be fully vaccinated or request and receive a medical or religious accommodation.

Member Update Mar 25 2021

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ARPA Includes Pension Reforms, COBRA Subsidies

The American Rescue Plan Act of 2021 (ARPA) was signed into law March 11, 2021 (P.L. 117 - 2). This article summarizes an eight-page Multi-Elert from the National Coordinating Committee on Multiemployer Plans (NCCMP) on the Emergency Pension Plan Relief Act of 2021 (EPPRA) provisions included in ARP.

SMACNews Oct 31 2020

Capitol Hill Update: Pensions in Legislative Limbo

Pension relief and Composite Plans were in previous House-passed bills and Composites were included in the Grassley-Alexander pension proposal, so there had been high expectations pensions and Composite Plans would be included in a negotiated stimulus package.

SMACNews Jun 10 2020

PPP Flexibility Act Becomes Law; SBA/Treasury Clarify New Rules Under the Act/Loan Program Extended

The Paycheck Protection Program (PPP) Flexibility Act, Public Law Number 116–142, with changes to PPP strongly supported by 线上365BET体育, was signed into law by the president on June 5, 2020. The legislation provides more time for PPP borrowers to use their loan funds, qualify for loan forgiveness and gain additional relief from the program’s original requirements.

SMACNews Feb 28 2020

The 2020 Focus on Pensions

While the 2018 Joint Select Committee on Solvency of Multiemployer Pension Plans could not overcome political divisions to solve the pension crisis, it did launch the 2019 effort for a bipartisan solution and comprehensive reform.