Printed from www.AmericanBenefitsCouncil.org on September 5, 2010

Retirement: Pension Reform

Legislative — proposals, bills and analysis from the 109th and 110th Congresses (2006-present)
Regulatory — administrative rules and information from U.S. offices and agencies
Judicial — current and past court cases and amicus briefs
Press Releases — Council statements and advisories to the news media
Archive — all materials dated prior to 2006

(Items in italic are available only to Council members.)

Official Source Documents

July 28, 2010 — Senate Tax Extenders Amendment to the Small Business Jobs Act (H.R. 5297), Including Technical Corrections to H.R. 3962

July 28, 2010 — Senate Substitute Amendment to the Small Business Jobs Act (H.R. 5297)

July 27, 2010 — Official Summary of Senate Substitute Amendment to the Small Business Jobs Act (H.R. 5297)

June 18, 2010 — Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act (H.R. 3962)

June 18, 2010 — Senate-Passed Pension Funding Relief Language

May 28, 2010 — American Jobs and Closing Tax Loopholes Act (H.R. 4213), as Passed by House

May 28, 2010 — Final House Amendment to the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 28, 2010 — Updated Official Summary of the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 28, 2010 — Joint Tax Committee Summary of the Updated Manager's Amendment to the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 28, 2010 — Updated Joint Tax Committee Score for the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 27, 2010 — Manager's Amendment to the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 21, 2010 — House Substitute Amendment to the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 21, 2010 — Preliminary CBO Score for the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 21, 2010 — Preliminary Joint Committee on Taxation Score for the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 21, 2010 — House Substitute Amendment to the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 21, 2010 — Preliminary CBO Score for the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 21, 2010 — Preliminary Joint Committee on Taxation Score for the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

May 20, 2010 — Official Summary of the American Jobs and Closing Tax Loopholes Act (H.R. 4213)

April 13, 2010 — Labor Secretary Hilda Solis Letter to Congress Regarding Pension Funding Relief and Defined Contribution Plan Fee Disclosure

March 23, 2010 — Create Jobs and Save Benefits Act (S. 3157)(Casey)

March 10, 2010 — American Workers, State, and Business Relief Act (H.R. 4213), as Passed by Senate

March 9, 2010 — Isakson-Cardin Pension Funding Relief Amendment to H.R. 4213

March 1, 2010 — Senate Substitute Amendment to H.R. 4213, the American Workers, State, and Business Relief Act (Baucus)

February 22, 2010 — Grassley funding amendment to HIRE Act

February 11, 2010 — Draft of Hiring Incentives to Restore Employment (HIRE) Act (Baucus- Grassley)

October 27, 2009 — Preserve Benefits and Jobs Act (Pomeroy-Tiberi)

October 27, 2009 — Section-by-Section Summary of the Preserve Benefits and Jobs Act (Pomeroy-Tiberi)

October 27, 2009 — Fact Sheet on the Preserve Benefits and Jobs Act (Pomeroy-Tiberi)

August 27, 2009 — Discussion Draft of Pension Funding Relief Legislation (Pomeroy)

August 27, 2009 — Section-by-Section Summary of Draft Pension Funding Relief Legislation (Pomeroy)

April 22, 2009 — Savings Recovery Act (Boehner)

April 22, 2009 — Official Summary of the Savings Recovery Act

January 23, 2009 — Group Letter to Congress on Additional Pension Funding Reform

December 10, 2008 — Worker, Retiree, and Employer Recovery Act (H.R. 7327)

November 20, 2008 — Senate PPA Technical Corrections Measure (H.R. 3361)

November 20, 2008 — Bush Administration Concerns about the Pension Funding Relief Bill

October 24, 2008 — Joint Tax Committee Report on Present Law and Background Relating to Valuing Assets in Defined Benefit Pension Plans

July 23, 2008 — GAO Report: DEFINED BENEFIT PENSIONS: Plan Freezes Affect Millions of Participants and May Pose Retirement Income Challenges

June 26, 2008 — Pension Protection Technical Corrections Act of 2008 (H.R. 6382)(Rangel/Miller)

May 22, 2008 — The Pension Protection Act ERISA Amendments (Andrews)

May 22, 2008 — Floor Statement of Rep. Rob Andrews Introducing The Pension Protection Act ERISA Amendments (H.R. 6142)

April 9, 2008 — Employees' Pension Security Act (H.R. 5754)

March 12, 2008 — House floor debate on PPA technical corrections

March 11, 2008 — Pension Protection Technical Corrections Act (H.R. 3361)

March 11, 2008 — House Ways and Means Committee Description of the Pension Protection Technical Corrections Act (H.R. 3361)

December 19, 2007 — Pension Protecton Technical Corrections Act (S. 1974), as passed by Senate

November 15, 2007 — Joint Tax Committee Description Of The Tax Technical Corrections Act (H.R. 4195)

November 15, 2007 — Tax Technical Corrections Act (H.R. 4195)

October 17, 2007 — Bill to Delay the Effective Date of the PPA Funding Rules (H.R. 3868) (Pomeroy-Cantor)

August 3, 2007 — Pension Protection Technical Corrections Act (H.R. 3361)

August 3, 2007 — Joint Tax Committee Description of The Pension Protection Technical Correction Act (S. 1974)

August 3, 2007 — The Pension Protection Technical Correction Act (S. 1974)

August 3, 2007 — Highlights of the Pension Protection Technical Correction Act (S. 1974)

October 23, 2006 — Congressional Research Summary Report for Congress: Summary of the Pension Protection Act of 2006

August 16, 2006 — Senate Floor Statements During Debate of Pension Protection Act (H.R. 4)

August 4, 2006 — Joint Tax Committee Technical Explanation of the Pension Protection Act (H.R. 4)

August 3, 2006 — Senate summary of HR 4

August 2, 2006 — CBO Letter to Senator Enzi on Budget Effects of Pension Protection Act (H.R. 4)

August 2, 2006 — Republican Policy Committee Notice on Pension Protection Act (H.R. 4)

July 28, 2006 — Education and the Workforce Committee Summary of the Pension Protection Act (H.R. 4)

July 28, 2006 — Ways and Means Committee Summary of the Tax/Trade Provisions of the Pension Protection Act (H.R. 4)

July 28, 2006 — Pension Protection Act (H.R. 4)

May 10, 2006 — Tax Increase Prevention and Reconciliation Act (H.R.4297) Conference Agreement

May 10, 2006 — Official Summary of Tax Increase Prevention and Reconciliation Act

May 3, 2006 — Rep. Miller's Motion to Instruct Conferees on H.R. 2830 (Executive Compensation)

April 7, 2006 — Floor Statement of Senate Minority Leader Reid on Pension Reform Conference

March 31, 2006 — FASB Exposure Draft on Pension and Other Postretirement Obligations

March 21, 2006 — Rep. Phil English (R-PA) "Dear Colleague" Letter Regarding Transition Time in Pension Reform Bill

March 16, 2006 — Senator Gordon Smith Letter to Pension Bill Conferees

March 13, 2006 — "Dear Colleague" Letter from Senators Carl Levin (D-MI) and George Voinovich (R-OH) regarding Pension Funding Reform

March 8, 2006 — Joint Committee on Tax side-by-side of pension bills

Council Materials

September 3, 2010 — Pension Funding Relief Technical Corrections and Guidance Needed

July 7, 2010 — Updated Council Summary of Single-Employer Plan Funding Relief Legislation

May 27, 2010 — Summary of House and Senate Single-Employer Plan Funding Relief Legislation

May 18, 2010 — Council Letter to House Regarding Pension Funding Relief

March 9, 2010 — Council Summary of Revised Senate Funding Legislation

February 25, 2010 — Council Summary of Pension Funding Relief Provisions in the Draft HIRE Act

February 4, 2010 — Estimated 2010 Defined Benefit Plan Required Contributions and Credit Balances: Survey Data and Analysis from Mercer

January 19, 2010 — Group Letter to Congress Urging Defined Benefit Funding Relief Legislation

January 11, 2010 — ACTION ALERT: Sign Joint Company Letter Urging Enactment of Defined Benefit Funding Relief

December 22, 2009 — Group Letter to President Urging Defined Benefit Funding Relief Legislation

December 8, 2009 — ACTION ALERT: Contact Congressional Committee Members, Urge Enactment of Defined Benefit Funding Relief

November 10, 2009 — Updated Summary of Leading Single Employer Funding Relief Proposals (Courtesy of Davis and Harman)

October 30, 2009 — Jobs in Peril: Assessing the Impact of Increases in Defined Benefit Plan Funding Obligations on Employment During an Economic Recession

October 1, 2009 — Council Testimony on Defined Benefit Pension Funding Relief before House Ways and Means Committee

October 1, 2009 — Group Company Letter to Congress Urging Defined Benefit Pension Funding Relief

July 29, 2009 — Group Letter to Congress Urging Defined Benefit Pension Relief

June 22, 2009 — Specific Defined Benefit Plan Funding Proposals

May 20, 2009 — Specific Defined Benefit Plan Funding Proposals

May 8, 2009 — Group Letter to Secretary Geithner Urging Pension Funding Relief

April 30, 2009 — ACTION ALERT: Sign joint company letter urging Treasury to address defined benefit funding issues

March 23, 2009 — ACTION ALERT: Contact legislators to urge enactment of pension funding legislation

March 16, 2009 — ACTION ALERT: Urge legislators to enact pension funding legislation

March 16, 2009 — Examples Highlighting Need for Additional Pension Funding Relief (Courtesy of Hewitt Consulting)

March 16, 2009 — The Future of Defined Benefit Plan Funding under PPA, the Recovery act and Relief Proposals (Courtesy of Watson Wyatt Consulting)

February 20, 2009 — Actuarial/Consultant Letters to Congress Regarding Pension Funding Issues

February 2, 2009 — ACTION ALERT: Urge legislators to enact pension funding legislation

January 30, 2009 — Council Letter to Congress Urging Pension Funding Measures

January 29, 2009 — Council Pension Funding Proposals

January 13, 2009 — ACTION ALERT: Sign joint company letter urging legislators to enact pension funding relief legislation now

January 2, 2009 — Council Talking Points: Legislation Needed to Address Funding Crisis

December 9, 2008 — Actuarial/Consultant Letters to Congress Regarding Pension Funding Issues

December 12, 2008 — Key Technical Corrections in the Worker, Retiree, and Employer Recovery Act (H.R. 7327)

December 8, 2008 — ACTION ALERT: Urge legislators to enact pension funding relief legislation now

December 8, 2008 — Group Letter to Congress on Needed Pension Funding Reform

December 4, 2008 — Council Letters to Congress Refuting Administration's Pension Funding Concerns:

November 20, 2008 — Council Letter to House and Senate Leadership Regarding Pension Funding Relief

November 18, 2008 — ACTION ALERT: Urge Lawmakers to Enact Pension Funding Legislation

November 18, 2008 — Talking Points on Defined Benefit Pension Funding Relief

October 29, 2008 — Group Letter to House Education and Labor Committee on Needed Pension Funding Reform

October 29, 2008 — Group Letter to House Ways and Means Committee on Needed Pension Funding Reform

September 24, 2008 — Council Letter to Congress Urging Defined Benefit Plan Measures as part of Financial Relief Proposal

September 22, 2008 — Council Letter to Senate Leadership Urging Passage of PPA Technical Corrections Legislation

July 8, 2008 — Council Letter to House Urging Passage of PPA Technical Corrections Bill

March 12, 2008 — Council Letter to House Leadership Urging Asset Smoothing Clarification with PPA Technical Corrections

November 29, 2007 — Multiemployer Pension Plan Provisions of the Pension Protection Act

November 1, 2007 — Group Letters to Pomeroy/Cantor Supporting Inclusion of H.R. 3868 in Tax Extenders Package: Pomeroy | Cantor

November 1, 2007 — Council Comments to Ways and Means Committee on H.R. 3361, technical corrections to the Pension Protection Act

May 24, 2007 — First Amendment of the U.S. Troop Readiness Veterans’ Care, Katrina Recovery, and Iraq Accountability Appropriations Act (H.R. 2206)

May 3, 2007 — Council Testimony before House HELP Subcommittee on Needed Modifications to the Pension Protection Act

October 25, 2006 — Updated Draft List of Guidance and Technical Correction Issues for Single-Employer Defined Benefit Plans

October 5, 2006 — Council Chart Comparing Defined Benefit Plan Funding and Hybrid Plan Issues to Current Law

July 31, 2006 — Pension Bill (H.R. 4) Summary, Courtesy of Mercer Human Resource Consulting

July 24, 2006 — Checklist Letter for Pension Reform Conference Conferees

July 18, 2006 — Council/ERIC letter to Conferees on Transition, Hybrids and Funding

July 10, 2006 — Council Letter to Pension Bill Conferees

June 19, 2006— ACTION ALERT: New Developments on At-Risk Liability

June 16, 2006 — Council testimony submitted to Senate Banking Committee on FASB exposure draft

May 31, 2006 — PENSION POINTERS No. 7: Credit Balances

May 15, 2006 — PENSION POINTERS No. 6: A Fresh Look at the PBGC

April 25, 2006 — PENSION POINTERS No. 5: Averaging and Smoothing

April 3, 2006 — PENSION POINTERS No. 4: Myths and Facts Regarding Recent Press Coverage of Pension Reform

March 31, 2006 — PENSION POINTERS No. 3: Calculation of At-Risk Liability

March 28, 2006 — PENSION POINTERS No. 2: Credit Rating

March 20, 2006 — Urge Your Senators to sign on to Levin-Voinovich "Dear Colleague" letter addressing pension funding reform

March 20, 2006 — Council Letter to Pension Bill Conferees

March 17, 2006 — PENSION POINTERS No. 1: Funding Rules

March 9, 2006 — Talking Points on Multiemployer Plans

March 6, 2006 — Council Views with Respect to Funding Legislation

February 23, 2006 — Chart Comparing Prohibited Transaction Rules in Retirement Bill (H.R. 2830/S. 1783) (Courtesy of Groom Law Group)

February 17, 2006 — Retirement Bill Update (PowerPoint Presentation)

January 25, 2006 — Council Side-by-Side Chart Comparing Retirement Bills (H.R. 2830/S. 1783), Administration Proposals and Current Law

Official Source Documents

September 1, 2010 — FASB Exposure Draft: Compensation—Retirement Benefits—Multiemployer Plans (Subtopic 715-80), Disclosure about an Employer’s Participation in a Multiemployer Plan

July 30, 2010 — IRS Notice 2010-55: Alternative Amortization Schedule for Single-Employer Plans under Pension Reform Act

July 30, 2010 — IRS Notice 2010-56: Special Funding Rules for Multiemployer Plans under Pension Reform Act

June 23, 2010 — IASB Frequently Asked Questions on Defined Benefit Pension Plan Accounting

June 16, 2010 — Plain Language Version of GASB's Preliminary Views on Reporting and Accounting for Pension Obligations

June 16, 2010 — GASB's Preliminary Views on Reporting and Accounting for Pension Obligations

June 16, 2010 — PBGC Technical Update 10-2 Regarding Relief for Variable Rate Premium Filing Issues

June 7, 2010 — PBGC Response Regarding Variable Rate Premium Filings

May 20, 2010 — Congressional Letter to PBGC Regarding Variable Rate Premium Issues

May 10, 2010 — OMB Proposed Regulations on Cost Accounting Standards and PPA

April 29, 2010 — IASB Exposure Draft: Defined Benefit Plans

April 29, 2010 — IASB Proposed Amendments to IAS19

April 29, 2010 — IASB Table of Concordance for Defined Benefit Plan Exposure Draft

April 13, 2010 — PBGC Letter to Council Regarding Variable Rate Premium Issues

December 29, 2009 — IRS Announcement 2010-03: Automatic Approval of Changes in Funding Method for Takeover Plans and Changes in Pension Valuation Software

November 23, 2009 — PBGC Request for Public Comment: Purchases of Irrevocable Commitments

November 23, 2009 — PBGC Proposed Regulations on Reportable Events

October 15, 2009 — Treasury/IRS Final Regulations on Defined Benefit Plan Funding and Benefit Restrictions

September 25, 2009 — IRS Employee Plans News Special Edition: Upcoming Funding Regulations and Guidance

March 31, 2009 — IRS Employee Plans News: Plans May Use Reasonable Interpretation in Selecting a Yield Curve

March 31, 2009 — GAO Report: Defined Benefit Pensions, Survey Results of the Nation’s Largest Private Defined Benefit Plan Sponsors

March 27, 2009 — IRS Notice 2009-31: Election and Notice Procedures for Multiemployer Plans under Sections 204 and 205 of WRERA

March 16, 2009 — IRS Notice 2009-22: Asset Valuation under Section 430(g)(3)(B) as amended by WRERA

March 16, 2009 — PBGC Final Regulations on Annual Financial and Actuarial Information Reporting

March 16, 2009 — PBGC Final Rule on PPA Section 4010 Annual Financial and Actuarial Information Reporting

February 11, 2009 — DOL Field Assistance Bulletin 2009-1: Model Funding Notices

February 11, 2009 — DOL Single-Employer Plan Model Funding Notice

February 11, 2009 — DOL Multiemployer Plan Model Funding Notice

January 23, 2009 — Revisions to FASB Statement #132 Regarding Disclosure of Asset Classes Held in Pension Plans

November 19, 2008 — PBGC Final Regulations on Disclosure to Participants of Distress Terminations

September 3, 2008 — IRS Notice 2008-73 Providing Transition Relief for Small Pension Plans

April 24, 2008 — Congressional Budget Office Report on PBGC Investment Strategy

April 11, 2008 — IRS Proposed Regulations on Determination of Minimum Required Pension Contributions

March 21, 2008 — FASB Proposal for Transparent Disclosure of Alternative Investments Held in Post-Retirement Benefit Plans

March 14, 2008 — IRS Multiemployer Plan Funding Guidance

February 20, 2008 — PBGC Proposed Regulations on Annual Financial and Actuarial Information Reporting

January 31, 2008 — IRS Notice 08-21: Extension of Guidance Effective Dates

January 8, 2008 — IRS Notice 2008-17: Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates

December 28, 2007 — IRS Proposed Regulations on Measurement of Assets and Liabilities for Pension Funding Purposes

December 28, 2007 — IRS news release announcing pension funding proposed regulations

October 9, 2007 — IRS Notice 2007-81 Regarding Interest Rate Modification

August 28, 2007 — Treasury/IRS Proposed Regulations on Benefit Restrictions for Underfunded Pension Plans

June 28, 2007 — GAO Report: Conflicts of Interest Involving High-Risk or Terminated Plans Pose Enforcement Challenges

May 31, 2007 — PBGC Proposed Rule on Variable Rate Premiums

May 23, 2007 — IRS Proposed Mortality Tables for Determining Present Value

May 21, 2007 — IRS final regulations on 411(d)(6) pension plan distributions at normal retirement age

March 13, 2007 — IRS Notice 2007-28 on Certain Deduction Limits under the PPA

January 29, 2007 — IRS Notice 2007-14: Description of Benefits Permitted to be Provided in Qualified Defined Benefit Plans

January 9, 2007 — Council Letter to Treasury Regarding PPA Smoothing and Averaging Rules

December 22, 2006 — IRS Notice 2007-8 on In-Service Benefits Permitted to be Provided at Age 62 by a Pension Plan

November 15, 2006 — Pension Benefit Guaranty Corporation (PBGC) News Release of FY 2006 Deficit

November 15, 2006 — Pension Benefit Guaranty Corporation (PBGC) FY 2006 Annual Management Report

October 2, 2006 — IRS Notice 2006-89 Regarding Transition Relief for Indian Tribal Governments

September 29, 2006 — Summary of FASB Statement No. 158

September 29, 2006 — FASB Statement No. 158: Employers Accounting for Defined Benefit Pension and Other Postretirement Plans

Council Materials

March 31, 2010 — Council Letter to PBGC Regarding Variable Rate Premium Issues

January 22, 2010 — Council Comment Letter to PBGC on Reportable Events

January 22, 2010 — Council/ACLI Comment Letter to PBGC on Irrevocable Commitments Prior to Standard Termination

October 15, 2009 — Short Summary of the Treasury/IRS Final Regulations on Defined Benefit Plan Funding and Benefit Restrictions

January 13, 2009 — Council Letter to Treasury Regarding 430(h)(2) Issues

March 27, 2008 — Council Comment Letter to Treasury/IRS on Measurement of Assets and Liabilities for Pension Funding Purposes

September 19, 2007 — Letters to Treasury/Congress Regarding Asset Smoothing

September 5, 2007 — GRIST InDepth: Funding Strategies for DB Plans to Avoid Lump-sum and Accrual Restrictions (Courtesy of Mercer Human Resource Consulting)

August 27, 2007 — Council Comment Letter to IRS on Proposed Regulations on Mortality Tables for Determining Present Value

July 30, 2007 — Council Comments to PBGC regarding Proposed Regulations on Variable Rate Premiums

May 11, 2007 — Group Letter to DOE on Contractor Benefits Costs

May 11, 2007 — Council Letter to Department of Energy on Contractor Pension and Medical Benefits Cost Challenges

May 11, 2007 — Council comment letter on Notice 2007-14: Description of Benefits Permitted to be Provided in Qualified Defined Benefit Plans

September 20, 2006 — List of Technical Corrections and Regulatory Issues under Pension Protection Act (Draft)

Official Source Documents

October 30, 2007 — McCullough v. Aegon (IA Northern District)

Council Materials

July 16, 2008 — Council amicus brief in McCullough v. Aegon

February 14, 2007 —Council Amicus Brief in Xerox Corp. Retirement v. Miller, et al.

June 15, 2010 — Council conference call to brief media on financial services reform bill impact on swaps in retirement plans

May 28, 2010 — Passage of pension funding relief a crucial step toward economic recovery, but long-term solutions still needed

May 19, 2010 — Council urges support for pension 'swaps' amendment to Senate financial services reform legislation

February 12, 2010 — Dropping pension funding relief provisions from jobs bill a serious mistake, will cost jobs and slow economic recovery

October 1, 2009 — Defined benefit pension plan relief critically needed, advice legislation should protect existing arrangements

May 29, 2008 — Council testifies before IRS: asset smoothing critical for defined benefit plan sponsors

April 11, 2007 — Council encouraged by improved pension funding, but still troubled by demise of defined benefit plans

November 15, 2006 — Council welcomes PBGC deficit reduction announcement but urges changes to calculation of deficit

August 16, 2006 — President to sign pension reform legislation; Council experts available to comment

July 29, 2006 — Council experts available to comment on pension reform legislation

July 19, 2006 — Council experts to brief media on pension reform legislation

June 22, 2006 — Suspension of DOE procurement policy gives pension bill negotiators new opportunity to craft predictable funding rules

March 20, 2006 — NEWS BRIEFING REMINDER: Council experts to brief media on defined contribution, hybrid, multiemployer plan, retirement law permanency, and health provisions of pension reform legislation

March 16, 2006 — Council experts to brief media on defined contribution, hybrid, multiemployer plan, retirement law permanency, and health provisions of pension reform legislation

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