TITLE

PENSION LAW CHANGES require deliberate response

AUTHOR(S)
Lawrence, Stewart D.; Rich, Joel
PUB. DATE
September 2006
SOURCE
Employee Benefit News;Sep2006, Vol. 20 Issue 12, p79
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article asserts that defined benefit pension plan sponsors should focus on some key technical pension issues and give thoughtful consideration on the larger strategic issues regarding pension plan sponsorship in conjunction with a pension change legislation approved by the U.S. Senate and the U.S. House. There will be restrictions on asset smoothing under the legislation.
ACCESSION #
22352296

 

Related Articles

  • Pension bill conferees can save defined benefits.  // Business Insurance;2/27/2006, Vol. 40 Issue 9, p8 

    Presents views on the efforts of a congressional conference committee in the U.S. to fix differences in the pension funding reform measures passed by the U.S. House and the U.S. Senate. Requirement of the Senate bill regarding credit rating; Possible failure of the agreement of the conferees to...

  • SENATE PANELS REACH PACT ON PENSION REFORM. Schoeff Jr., Mark // Workforce Management;Oct2005, Vol. 84 Issue 10, p4 

    This article reports on the defined-benefit pension bill agreed upon by two U.S. Senate committees as of October 2005. The House could pass its own pension legislation by late October, predicted Representative John Boehner. A conference committee to reconcile the bills could last beyond...

  • Reform loosening rules too much. Monks, Robert A.G. // Pensions & Investments;6/12/2006, Vol. 34 Issue 12, p14 

    The article reports that the financial services industry is pushing for exceptions to the plan asset definition in the pension reform bill in conference between the U.S. House and the U.S. Senate. These companies have already succeeded in convincing the House to loosen these rules by allowing...

  • Changes proposed for pension regulations. Shepherd, Leah Carlson // Employee Benefit News;Mar2008, Vol. 22 Issue 3, p1 

    The article reports on the new regulations proposed by U.S. federal agencies in December 2007 that may impact pension plans. The proposals discussed include a guidance on cash balance pensions, rules to enhance disclosure to retirement plan fiduciaries, and a guidance on how to measure pension...

  • Handing off(shore) pension obligations. McLeod, Douglas // Business Insurance;10/24/2005, Vol. 39 Issue 43, p36 

    This article suggests the Pension Outsourcing and Caribbean Basin Development Act. This law would allow employers to spin off their underfunded defined benefit plans to newly created companies. Offshore managers would have the same kind of leeway in investing plan assets, allowing them to opt...

  • Predatory PRACTICES. Dixon, Daryl // Bulletin with Newsweek;10/03/2000, Vol. 118 Issue 6244, p86 

    Examines a British High Court ruling which highlighted potential deficiencies of Australia's Superannuation Industry Supervision (SIS) legislation. Overview of the British case; Hybrid fund arrangements allowed under the SIS legislation; Mechanism by which Australian employers have been raiding...

  • Pension disclosure sought. Geisel, Jerry // Business Insurance;07/26/99, Vol. 33 Issue 30, p2 

    Reports on the Bill Clinton administration's drafting of legislation on employers' benefit pension plans. Requirement of employers to disclose information to employees; Employers' conversion of final-average-pay plans to cash balance plans.

  • EMPLOYERS EYE POSSIBLE CHANGE ON 'SMOOTHING' IN PENSION LAW. Schoeff Jr., Mark // Workforce Management;4/21/2008, Vol. 87 Issue 7, p10 

    The article focuses on the pension reform bill being considered by the U.S. Senate and House. The bill would make technical corrections to the smoothing provisions in the Pension Protection Act, which was signed into law in 2006. It will limit smoothing to 24 months instead of four years. The...

  • Senate Prepares for Busy Schedule in 2006.  // Modern Casting;Feb2006, Vol. 96 Issue 2, p24 

    Presents information on the agenda that the U.S. Senate faced when it returned on January 18, 2006. Difficulty of the election-year work schedule for senators who are up for re-election; Presence of tax cuts in the agenda; Possibility that both the U.S. Senate and U.S. House will take up...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics