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| CRS Report: Summary of H.R. 2830, The Pension Protection Act of 2005 (PDF) Congressional Research Service [CRS]  July 12, 2005 6 pages. "The bill would: Reform the funding rules for both single-employer and multiemployer defined benefit pensions, Require plan sponsors to disclose more information about pension plan finances, Restrict benefit payments and accruals of new benefits in underfunded plans, and Increase the premiums ... to the [PBGC]. A companion bill, H.R. 2831, would clarify that cash balance pension plans do not ordinarily violate the legal prohibition on age discrimination in employee benefits." [Unnumbered report, Jun. 28, 2005] |
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