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Pension Protection Act of 2006 Provisions for Single Employer Defined Benefit Plans (PDF)
Orrick, Herrington & Sutcliffe LLP
Sept. 27, 2006
5 pages. Excerpt: This Alert provides a summary of the key aspects of the Pension Act which impact single employer defined benefit plans including: increased funding requirements; increased deduction limitations; changes to the rules governing lump sum distributions, and new benefit restrictions on underfunded plans; restrictions on nonqualified plan funding; reporting obligations; PBGC premium calculations; and rules governing cash balance plans.
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