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35 Matching News Items

1.  Letter to U.S. Treasury Department from Senate HELP Committee Republicans Regarding Hybrid Plans (PDF)
U.S. Congress via American Benefits Council
May 10, 2007
3 pages. Excerpt: There are a number of very important guidance issues with respect to hybrid plans. It is critical that these issues be resolved in a manner consistent with Congressional intent. First, the legislation was intended to permit a broader array of interest crediting rates under cash balance plans than were previously permitted.
2.  Senate Finance Committee Side-by-Side Chart Comparing Tax Provisions of House and Senate Stimulus Measures (PDF)
Committee on Finance, U.S. Senate, via American Benefits Council
Feb. 12, 2009
Excerpt: This chart indicates notable differences between the Senate-passed and the House-passed versions of the American Recovery and Reinvestment Act of 2009. This chart includes amendments accepted by the Senate, including the Collins-Nelson (NE) compromise amendment. Additional minor differences, such as the commissioning of various studies in the two bills, may exist[.]
3.  Text of Senate HELP Committee Report on 30-Year Treasury Rate Replacement Legislation (PDF)
U.S. Senate Health, Education, Labor & Pensions Committee via American Benefits Council
Jan. 23, 2004
18 pages; 1/9/04. Excerpt: The Committee on Health, Education, Labor, and Pensions, reported an original bill (S. 2005) to temporarily replace the use by pension plans of the 30-year treasury bond rate with a composite corporate rate, and to establish a commission on defined benefit plans, having considered the same, reports favorably thereon without amendment and recommends that the bill do pass.
4.  Small Business Jobs Act (H.R. 5297), As Approved By Senate (PDF)
U.S. Senate, via American Benefits Council
Sept. 24, 2010
262 pages.
5.  Genetic Information Nondiscrimination Act, H.R. 493, as Passed by Senate (PDF)
U.S. Senate via American Benefits Council
Apr. 28, 2008
Excerpt: Resolved, That the bill from the House of Representatives (H.R. 493) entitled 'An Act to prohibit discrimination on the basis of genetic information with respect to health insurance and employment', do pass with the following [amendments.]
6.  Text of Genetic Information Nondiscrimination Act (S. 358), as Reported by Senate HELP Committee (PDF)
U.S. Senate via American Benefits Council
Apr. 25, 2008
Excerpt: To prohibit discrimination on the basis of genetic information with respect to health insurance and employment.
7.  Text of Pension Protecton Technical Corrections Act (S. 1974), as Passed by Senate (PDF)
U.S. Senate via American Benefits Council
Dec. 21, 2007
40 pages. Excerpt: To make technical corrections related to the Pension Protection Act of 2006.
8.  Compromise Senate Pension Bill Language for the Pension Security and Transparency Act of 2005 (PDF)
U.S. Senate via American Benefits Council
Sept. 29, 2005
617 pages (!). Excerpt: A bill ... to reform the pension funding rules[.]
9.  Text: Amendment No. 262 to Budget Legislation Expressing Sense of the Senate on Pension Reform (PDF)
U.S. Senate, via American Benefits Council
Mar. 21, 2005
3 pages. Regards PBGC premiums.
10.  Senate Bill to Amend the Internal Revenue Code of 1986 to Create Lifetime Savings Accounts (PDF)
U.S. Senate via American Benefits Council
Mar. 9, 2005
12 pages.
11.  Treasury Response to Senate Finance Committee Regarding PPA Excise Tax (PDF)
U.S. Department of the Treasury via American Benefits Council
Sept. 17, 2007
1 page.
12.  Letter from U.S. Senators on Hybrid Plans - How DB Conversions Should Have Been Structured in Past (PDF)
U.S. Senate via American Benefits Council
Sept. 27, 2007
Excerpt: The PPA neither mandated nor prohibited specific conversion methods. It has come to our attention, however, that the Internal Revenue Service is now interpreting prior and current law regarding backloading to prohibit 'greater of' conversion methods. And we further understand that the Service may soon be ruling adversely on the qualification of plans that used a 'greater of' approach.
13.  Pension and other Benefit Provisions of H.R. 4 -- Pension Protection Act of 2006, As Passed by House (PDF)
U.S. Senate via American Benefits Council
Aug. 7, 2006
22 pages.
14.  Text: Chairman's Mark of the Defined Benefit Security Act of 2005 (PDF)
U.S. Senate via American Benefits Council
Sept. 6, 2005
404 pages. HELP Committee Bill
15.  Text of 'Incentives for Older Workers Act' (PDF)
U.S. Senate via American Benefits Council
May 1, 2008
14 pages. Excerpt: To improve the employability of older Americans.
16.  Official Summary of 'Incentives for Older Workers Act' (PDF)
U.S. Senate via American Benefits Council
May 1, 2008
2 pages. Excerpt: Under this proposal, the average compensation taken into account under a defined benefit plan may not be reduced by reason of a participant's phased retirement. More specifically, the proposal would apply to any participant in a defined benefit plan (1) who has attained age 50 or 30 years of service, (2) who begins working on a reduced schedule or with modified responsibilities, and (3) whose compensation is reduced by reason of such reduced schedule or modified responsibilities.
17.  Text: S. 991, Pension Fairness and Full Disclosure Act of 2005 (PDF)
U.S. Senate via American Benefits Council
May 18, 2005
26 pages. Excerpt: To amend title I of the Employee Retirement Income Security Act of 1974 to limit the availability of benefits under an employer's nonqualified deferred compensation plans in the event that any of the employer's defined benefit pension plans are subjected to a distress or PBGC termination in connection with bankruptcy reorganization or a conversion to a cash balance plan, to provide appropriate funding restrictions in connection with the maintenance of nonqualified[.]
18.  Text of S. 3078: 'Retirement Savings Registry' Bill, Introduced by Sen. Warren
U.S. Senate, via American Benefits Council Link to more items from this source
June 23, 2016
15 pages. "Not later than one year after the date of the enactment of this Act, the Commissioner of Social Security and the Secretary of the Treasury ... shall establish an on-line mechanism to be known as the 'Retirement Savings Registry', to be managed by the Director of the Retirement Savings Registry established under ... this Act ... to allow an individual to search for information that enables the individual to locate the plan administrator of any plans with respect to which the individual is a participant or beneficiary, and to provide contact information for the plan administrator of any plan ... with respect to which the individual may be entitled to a benefit[.]"
19.  Text: S. 1825 -- Multiemployer Plan Funding and Deduction Reform Act of 2005 (PDF)
U.S. Senate via American Benefits Council
Oct. 18, 2005
85 pages. Excerpt: To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to revise the funding and deduction rules for multiemployer defined benefit plans, and for other purposes.
20.  Text of the Lifetime Income Disclosure Act (PDF)
U.S. Senate via American Benefits Council Link to more items from this source
Feb. 9, 2011
7 pages. To amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure.
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