H.R. 4: The Pension Protection Act

Purcell, Patrick

Library of Congress. Congressional Research Service.

关键词: Pension funds;    Pensions;    Defined benefit pension plans;   

RP-ID  :  RS22179
RP-ID  :  RS22179_2006Sep27

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses the Pension Protection Act (PPA) reforms and the funding rules for defined benefit pensions; requires employers to disclose more information about pension funding; restricts benefit payments and accruals in underfunded plans; and clarifies, prospectively, that cash balance pension plans do not violate legal prohibitions on age discrimination in employee benefits.