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Capitol Hill Meeting Regarding Proposed IRS Oversight of Public Plans
National Conference on Public Employee Retirement Systems [NCPERS]
Sept. 25, 2008
Excerpt: On Friday, September 19, NCPERS and other public plan stakeholders joined Congressman Earl Pomeroy, Chairman Charles Rangel (by teleconference), and Democratic and Republican staff of the Ways & Means Committee, as well as representatives from the IRS and Treasury, to discuss issues related to IRS proposed oversight of public pension plans.... At the meeting, Congressman Earl Pomeroy asked representatives of IRS and Treasury whether they could be counted on to work in a cooperative and collaborative fashion, but those representatives refused to commit to do so.The public plan community, for its part, proposed a plan with a two-week timeframe help the IRS develop its survey of public plans.
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