Comments on Pension Funding Stabilization

May 2, 2012
The Pension Practice Council submitted a letter to members of the House-Senate Conference Committee commenting on the pension funding stabilization provisions included in S. 1813 as passed by the Senate.  The PPC recommended that to the extent the conference committee chooses to include pension funding changes in the final legislation to create more stability in contributions for plan sponsors, this could be accomplished better by smoothing outputs (contribution requirements) rather than inputs (discount rates).