President Biden signed the American Rescue Plan Act of 2021 (“ARPA”) into law on March 12, 2021 containing approximately $1.9 trillion in stimulus funding to counter the ongoing economic impact of the COVID-19 pandemic. ARPA includes several employment-law provisions that extend or increase existing employer obligations and worker entitlements. ARPA also contains provisions intended to provide relief to distressed pension plans.
ARPA is the most recent in a string of legislative actions to address the COVID-19 pandemic. The linked document provides an overview of the employment and employee benefit related provisions in ARPA.