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Defined Benefit Funding Relief, DC Fee Disclosure Included in Tax Bill
Pensions & Investments; login or registration may be requiredLink to more items from this source
May 23, 2010
Excerpt: The DC disclosure provisions were based on House bills written by Reps. George Miller, D-Calif., and Richard Neal, D-Mass., according to pension industry officials. Both bills are still pending. Mr. Miller's bill was approved by the House Education and Labor Committee; Mr. Neal's bill is pending before the House Ways and Means Committee. Not included in the latest bill was a controversial provision supported by Mr. Miller that had the effect of requiring DC plans to include an index fund as an investment option.

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