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Two union defined benefit pension plans, the Graphic Arts Industry Joint Pension Plan and the Teamsters Local 617 Pension Plan, have received a second round of Special Financial Assistance grants, reports Plansponsor. The Graphic Arts Plan initially received $440 million in April and will receive another $82.2 million in supplemental assistance. The Teamsters Local 617 Plan received $155.8 million in assistance in April, and will now receive another $31.1 million in supplemental assistance.
1. FTC refunds customers for fraudulent health plans sold by Benefytt
2. Health systems consider dropping Medicare Advantage plans due to financial losses
3. UnitedHealth faces rising lawsuits following Change Healthcare cyberattack
4. MedPAC calls for 'major overhaul' of Medicare Advantage policies
5. Medicare to cover Novo Nordisk's weight-loss drug for heart patients
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