EPIC Retirement Plan Services
Hochheiser Deutsch & Co, Inc.
Nicholas Pension Consultants
Farmer & Betts, Inc.
Kentucky Trust Company
Loren D. Stark Company
Plumbers Local Union No. 1 Benefit Funds
Retirement Plan Consultants
Pension Rights Center
RTD Financial Advisors
Retirement Industry Trust Association (RITA)
ERISA Services, Inc.
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|Proposed Cash Balance and Hybrid Pension Legislation— Two Steps Forward, Two Steps Back|
Coalition to Preserve the Defined Benefit System
Feb. 17, 2004
Excerpt: The Treasury Department's legislative recommendations regarding hybrid pension plans contain some positive news ... If adopted, they would provide that cash balance and other hybrid pension plans are generally not age discriminatory. In addition, Treasury has addressed the counterintuitive and anti-employee 'whipsaw' issue so that cash balance plan sponsors would no longer be penalized for providing employees with interest credits that exceed Treasury bond rates.
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