The Pension Benefit Guaranty Corporation announced the approval of a Special Financial Assistance application submitted by the Plasterers and Cement Masons Local No. 94 Pension Fund, based in Camp Hill, Pennsylvania, that covers 108 participants in the construction industry.

In today’s Federal Register, the Pension Benefit Guaranty Corporation (PBGC) published its final rule regarding the Special Financial Assistance (SFA) program for troubled multiemployer defined benefit plans.