The HEROES Act, it turns out, is more than another round of “stimulus” checks, or the extension of supplemental unemployment benefits, or COBRA subsidies, or any of the other components which have garnered so much attention thus far. Tucked away in the bill is Division D, Title I, the Emergency Pension Plan Relief Act of 2020, which provides benefits for single- and multi-employer pension plans.

The provisions for single-employer plans are fairly standard,