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Summary: Pension Protection Act, H.R. 2830, as Passed by House Education and Workforce Committee (PDF)
Groom Law Group via American Benefits CouncilLink to more items from this source
July 18, 2005
10 pages. Excerpt: The bill replaces the current funding rules with new funding rules. Generally, these new rules require contributions equal to the 'target normal cost' of the plan for the plan year and require amortization of any underfunding over a 7-year period. This is substantially shorter than current law normal funding rules. The bill eliminates the higher deficit reduction contribution required for underfunded plans, but the benefit liability amount that plans have to[.]

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