The National Coordinating Committee for Multiemployer Plans reports that the enactment of the “Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010” on June 25 gives multiemployer plans “a substantial measure of funding relief.”

“The Act will provide meaningful funding relief to the vast majority of plans and therefore, to the thousands of companies that sponsor multiemployer pension plans,” according to the NCCMP. “Similar to many previous pieces of pension legislation, the Act contains several areas which could be open to multiple interpretations.”

Read the NCCMP’s analysis of the bill here.