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Opinions Mixed on Future of Cash Balance Plans: Rep. Boehner's Bill Would Make the Plans Legal
Workforce Management; free registration requiredLink to more items from this source
Aug. 24, 2005
Excerpt: After two years, there may be an end in sight to the legal limbo. In June, Rep. John Boehner, R-Ohio, proposed the Pension Protection Act, which, if passed, would make cash-balance pension plans legal. Employers have been waiting for such guidance on the issue, but some like Voith say that even if the courts or the federal government decide the plans are legal, companies will not be rushing back into them.

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