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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

Health care flexible spending accounts are not subject to the ARPA provisions. In addition, the ARPA increases the PBGC premiums from $31 per participant in 2021 to $52 per participant beginning in plan years starting after December 31, 2030. Amount and Length of Subsidy. The PBGC premium will be adjusted annually for inflation.