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Written Statement of American Academy of Actuaries at Yesterday's Hearing on Funding of DB Plans (PDF)
American Academy of Actuaries Link to more items from this source
May 1, 2003
Excerpt: My written statement covers five important issues for this hearing, namely: (1) Problems of the current funding rules and the need for a quick permanent fix, (2) Alternatives for discounting liabilities, (3) Concerns with current lump sum rules, (4) Pension Benefit Guaranty Corporation (PBGC) issues, and (5) Allowing greater contributions when employers are able to make them.

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