Retirement Learning Center
The Retirement Plan Company
Nicholas Pension Consultants
Orange County Employees Retirement System
Abacus Retirement Solutions, LLC
Tycor Benefit Administrators, Inc.
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|Bush Budget Calls for Ban on Shutdown Pension Benefits|
Business Insurance; free registration required
Feb. 8, 2005
Excerpt: The Bush administration is seeking a ban on the payment of so-called shutdown pension benefits. Under part of the proposal, outlined in the administration's fiscal 2006 budget package ..., the Pension Benefit Guaranty Corp. would eliminate guarantees for benefits payable as a result of plant shutdowns that occurred after Feb. 1, 2005. The effective date on the ban itself would depend on whether the benefits were promised as part of a collective bargaining agreement.
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|