12/20/2004: Federal Update, December 18, 2004, to NCTR Membership from Cindie Moore, Washington Counsel (PDF)

National Council on Teacher Retirement

2 pages. Excerpt: 2004, an otherwise uneventful year, ended with a little excitement. Rep. Rob Andrews (D-NJ) dusted off a PEPPRA bill from 2001 and re-introduced it on November 19. The Retirement Enhancement Revenue Act of 2004, H.R. 5398, would impose extensive federal reporting and disclosure on state and local government plans. Among other things, it would require states to set up qualified review boards that could overturn enacted state law on employer contributions.

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