SFA Template 6B

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TEMPLATE 6B

v20220802p

Reconciliation - for MPRA plans for which the requested amount of SFA is determined under the "present value method"
File name: Template 6B Plan Name, where "Plan Name" is an abbreviated version of the plan name.
Instructions for Addendum D of the Instructions for Filing Requirements for Multiemployer Plans Applying for Special Financial Assistance:
This Template 6B is not required if all assumptions and methods used to develop the benefit payment projections and used in determining the requested SFA amount
are identical to those used in the most recent actuarial certification of plan status completed before 1/1/2021 ("pre-2021 certification of plan status"), except the SFA
interest rate, and except any assumptions changed in accordance with Section III, Acceptable Assumption Changes, in PBGC's SFA assumptions guidance (other
than the acceptable assumption change for “missing” terminated vested participants described in Section III.E of PBGC’s SFA assumptions guidance).
This Template 6B is also not required if the requested SFA amount from Template 4B is the same as the SFA amount shown in Template 5B (Baseline).

If the assumptions/methods used to determine the requested SFA amount differ from those in the "Baseline" projection in Template 5B, then provide a reconciliation
of the change in the total amount of SFA due to each change in assumption/method from the Baseline to the requested SFA as shown in Template 4B.

For each assumption/method change from the Baseline through the requested SFA amount, provide a deterministic projection using the same calculation
methodology used to determine the requested SFA amount, in the same format as Template 4B (Sheet 4B-1 and Sheet 4B-2).

Additional instructions for each individual worksheet:
Sheet
6B-1

Reconciliation - Summary for MPRA plans for which the requested amount of SFA is determined under the "present value method"

For Item number 1, show the SFA amount determined in Template 5B using the "Baseline" assumptions and methods. If there is only one change in
assumptions/methods between the Baseline (Template 5B) and the requested SFA amount (Template 4B), then show on Item number 2 the requested SFA amount,
and briefly identify the change in assumptions from the Baseline.
If there is more than one change in assumptions/methods from the Baseline, show each individual change as a separate Item number. Each Item number should reflect
all changes already measured in the prior Item number. For example, the difference between the SFA amount shown for Item number 2 and Item number 3 should be
the incremental change due to changing the identified single assumption/method. The Item numbers should show assumption/method changes in the order that they
were incrementally measured.

6B-2.1 Reconciliation - Benefit Payments for MPRA plans for which the requested amount of SFA is determined under the "present value method"
See Template 4B instructions for Sheet 4B-1, except provide the projection used to determine the intermediate Item number 2 SFA amount from Sheet 6B-1 under
the "present value method" described in § 4262.4(a)(2)(ii).
A Reconciliation Benefit Payments sheet is not needed for the last Item number shown in the Sheet 6B-1 Reconciliation, since the information should be the same as
shown in Template 4B. For example, if there is only one assumption change from the Baseline, then Item number 2 should identify what assumption changed
between the Baseline and Item number 2, where Item number 2 is the requested SFA amount. Since details on the determination of the requested SFA amount are
shown in Template 4B, a separate Sheet 6B-2.1 Reconciliation Benefit Payments is not required here.

6B-2.2 Reconciliation - Details for the "present value method" under § 4262.4(a)(2)(ii) for MPRA plans for which the requested amount of SFA is
determined under that method
See Template 4B instructions for Sheet 4B-2, except provide the projection used to determine the intermediate Item number 2 SFA amount from Sheet 6B-1 under
the "present value method" described in § 4262.4(a)(2)(ii).
A Reconciliation Details sheet is not needed for the last Item number shown in the Sheet 6B-1 Reconciliation, since the information should be the same as shown in
Template 4B. For example, if there is only one assumption change from the Baseline, then Item number 2 should identify what assumption changed between the
Baseline and Item number 2, where Item number 2 is the requested SFA amount. Since details on the determination of the requested SFA amount are shown in
Template 4B, a separate Sheet 6B-2.2 Reconciliation Details is not required here.

6B-3.1 Reconciliation - Benefit Payments for MPRA plans for which the requested amount of SFA is determined under the "present value method"
See instructions for 6B-2.1 Reconciliation Benefit Payments, except for the intermediate Item number 3 SFA amount from Sheet 6B-1.
6B-3.2 Reconciliation - Details for the "present value method" under § 4262.4(a)(2)(ii) for MPRA plans for which the requested amount of SFA is
determined under that method
See instructions for 6B-2.2 Reconciliation Details, except for the intermediate Item number 3 SFA amount from Sheet 6B-1.

Version Updates (newest version at top)
Version

Date updated

v20220802p

8/2/2022

v20220701p

7/1/2022

Updated instructions in this sheet to specify that any assumption changes for "missing" terminated vested participants
should be reflected in the Reconciliation projections. Also made cosmetic changes to increase the size of some rows

TEMPLATE 6B - Sheet 6B-1

v20220802p

Reconciliation - Summary for MPRA plans for which the requested amount of SFA is determined under the "present value method"
See Template 6B Instructions for Additional Instructions for Sheet 6B-1.
PLAN INFORMATION
Abbreviated
Plan Name:
EIN:
PN:
MPRA Plan?
If a MPRA Plan, which
method yields the
greatest amount of SFA?

Item number

1

Basis for Assumptions/Methods. For each Item,
briefly describe the incremental change reflected Change in SFA Amount (from prior Item number)
in the SFA amount.
Baseline

SFA Amount

NOTE: A sheet with Recon Details is not required for the last Item
number provided, since that information should be the same as provided
in Template 4B.

N/A

From Template 5B.

2

$0

Show details supporting the SFA amount on Sheet 6B-2.2.

3

$0

Show details supporting the SFA amount on Sheet 6B-3.2.

Create additional rows as needed, and create additional benefit payment and detailed sheets by copying Sheets 6B-3.1 and 6B-3.2 and relabeling the headers and the sheet names to be 6B-4.1 and 6B-4.2, etc.

TEMPLATE 6B - Sheet 6B-2.1

Item Description (from 6B-1):

v20220802p

Reconciliation - Benefit Payments for MPRA plans for which the requested amount of SFA is determined under the "present value method"
See Template 4B instructions for Sheet 4B-1, except provide the benefit payment projection used to determine the intermediate SFA amount.
PLAN INFORMATION
Abbreviated
Plan Name:
EIN:
PN:
SFA Measurement Date:
On this Sheet, show all benefit payment amounts as positive amounts.
PROJECTED BENEFIT PAYMENTS for:
Current Retirees and Beneficiaries in Pay Status
(1)

SFA Measurement
Date / Plan Year Start
Date

Plan Year End Date

Benefit Payments after
Reinstatement

Current Terminated Vested Participants

(2)

(3)

Reduced Benefit
Payments under the
Approved Suspension

Difference in Benefit
Payments due to
Reinstatement
(1) - (2)

(4)

Benefit Payments after
Reinstatement

Current Active Participants

(5)

(6)

Reduced Benefit
Payments under the
Approved Suspension

Difference in Benefit
Payments due to
Reinstatement
(4) - (5)

(7)

Benefit Payments after
Reinstatement

New Entrants

(8)

(9)

Reduced Benefit
Payments under the
Approved Suspension

Difference in Benefit
Payments due to
Reinstatement
(7) - (8)

(10)

Projected Benefit
Payments

Total
(13)

(14)

(15)

Benefit Payments after
Reinstatement
(1) + (4) + (7) + (10)

Reduced Benefit
Payments under the
Approved Suspension
(2) + (5) + (8) + (10)

Difference in Benefit
Payments due to
Reinstatement
(13) - (14)

TEMPLATE 6B - Sheet 6B-2.2

Item Description (from 6B-1):

Reconciliation - Details for the "present value method" under § 4262.4(a)(2)(ii) for MPRA plans for which the requested amount of SFA is determined under that method
See Template 4B instructions for Sheet 4B-2, except provide the projection used to determine the intermediate SFA amount.
PLAN INFORMATION
Abbreviated
Plan Name:
EIN:
PN:
MPRA Plan?
If a MPRA Plan, which
method yields the
greatest amount of SFA?
SFA Measurement Date:
SFA Amount as of the
SFA Measurement Date
under the method
calculated in this Sheet:
SFA Interest Rate:
PRESENT VALUE as of the SFA Measurement
Date of Projected Amounts for:
PV of (1)

PV of (2)

Difference in Benefit
Payments due to
Reinstatement

Make-up Payments
Attributable to
Reinstatement of
Benefits Suspended
through the SFA
Measurement Date

On this Sheet, show all benefit payment amounts
as positive amounts.

SFA Measurement
Date / Plan Year Start
Date

Plan Year End Date

(1)

(2)

Difference in Benefit
Payments due to
Reinstatement (should
match total from Sheet
6B-2.1)

Make-up Payments
Attributable to
Reinstatement of
Benefits Suspended
through the SFA
Measurement Date

v20220802p

TEMPLATE 6B - Sheet 6B-3.1

Item Description (from 6B-1):

v20220802p

Reconciliation - Benefit Payments for MPRA plans for which the requested amount of SFA is determined under the "present value method"
See Template 4B instructions for Sheet 4B-1, except provide the benefit payment projection used to determine the intermediate SFA amount.
PLAN INFORMATION
Abbreviated
Plan Name:
EIN:
PN:
SFA Measurement Date:
On this Sheet, show all benefit payment amounts as positive amounts.
PROJECTED BENEFIT PAYMENTS for:
Current Retirees and Beneficiaries in Pay Status
(1)

SFA Measurement
Date / Plan Year Start
Date

Plan Year End Date

Benefit Payments after
Reinstatement

Current Terminated Vested Participants

(2)

(3)

Reduced Benefit
Payments under the
Approved Suspension

Difference in Benefit
Payments due to
Reinstatement
(1) - (2)

(4)

Benefit Payments after
Reinstatement

Current Active Participants

(5)

(6)

Reduced Benefit
Payments under the
Approved Suspension

Difference in Benefit
Payments due to
Reinstatement
(4) - (5)

(7)

Benefit Payments after
Reinstatement

New Entrants

(8)

(9)

Reduced Benefit
Payments under the
Approved Suspension

Difference in Benefit
Payments due to
Reinstatement
(7) - (8)

(10)

Projected Benefit
Payments

Total
(13)

(14)

(15)

Benefit Payments after
Reinstatement
(1) + (4) + (7) + (10)

Reduced Benefit
Payments under the
Approved Suspension
(2) + (5) + (8) + (10)

Difference in Benefit
Payments due to
Reinstatement
(13) - (14)

TEMPLATE 6B - Sheet 6B-3.2

Item Description (from 6B-1):

Reconciliation - Details for the "present value method" under § 4262.4(a)(2)(ii) for MPRA plans for which the requested amount of SFA is determined under that method
See Template 4B instructions for Sheet 4B-2, except provide the projection used to determine the intermediate SFA amount.
PLAN INFORMATION
Abbreviated
Plan Name:
EIN:
PN:
MPRA Plan?
If a MPRA Plan, which
method yields the
greatest amount of SFA?
SFA Measurement Date:
SFA Amount as of the
SFA Measurement Date
under the method
calculated in this Sheet:
SFA Interest Rate:
PRESENT VALUE as of the SFA Measurement
Date of Projected Amounts for:
PV of (1)

PV of (2)

Difference in Benefit
Payments due to
Reinstatement

Make-up Payments
Attributable to
Reinstatement of
Benefits Suspended
through the SFA
Measurement Date

On this Sheet, show all benefit payment amounts
as positive amounts.

SFA Measurement
Date / Plan Year Start
Date

Plan Year End Date

(1)

(2)

Difference in Benefit
Payments due to
Reinstatement (should
match total from Sheet
6B-3.1)

Make-up Payments
Attributable to
Reinstatement of
Benefits Suspended
through the SFA
Measurement Date

v20220802p