Wespath Benefits and Investments
Abacus Retirement Solutions, LLC
Trucker Huss, A Professional Corporation
Carpenter Morse Group Inc.
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|Pension Funding Reforms Introduced in House Via the Boehner Bill|
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June 10, 2005
Excerpt: Comprehensive pension funding reform legislation introduced Thursday by House Republican leaders would tighten many funding rules, but not as severely as an earlier, much-criticized Bush administration proposal. Like the administration plan, the Republican proposal would bar employers whose plans are less than 80% funded from improving benefits, while future benefit accruals would be barred for plans that are less than 60% funded.
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