Text of IRS Official's Remarks on Pension and Healthcare Reforms to ASPPA Conference

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Text of IRS Official's Remarks on Pension and Healthcare Reforms to ASPPA Conference
U.S. Department of the Treasury

[Opinion]
Apr. 27, 2006

Excerpt: [T]his is an excellent opportunity to discuss the need for fundamental reform and to highlight some areas where the Administration believes the conference report must do better than either the House or Senate bills in order to ensure that pensions promises made are pension promises kept.... [T]he law unfortunately allows employers to comply with pension rules technically without adequately funding the pension promises they make.

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