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House "Enron" Pension Legislation Includes Provisions That Could Harm Rank-and-File Workers
Center on Budget and Policy PrioritiesLink to more items from this source
[Opinion]
June 6, 2002

Excerpt: Under current law, the permitted degree of disparity between contributions for higher-income executives and rank-and-file workers is defined by two mathematical tests: the 'ratio percentage' test and the 'average benefit' test.... The House legislation ... would allow plans to satisfy the non-discrimination coverage requirements even if they fail to meet both of the above tests (as long as they are consistent with regulations to be issued by the Secretary of the Treasury).

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