Retirement Policy

Long term retirement policy, including the effects of legislation and regulations on retirement benefits, and emerging issues affecting retirement plans.

Letter to Sen. Kennedy on Academy Testimony on PBGC Reform

Academy letter to Sen. Ted Kennedy responding to questions related to Academy testimony on Pension Benefit Guaranty Corporation (PBGC) reform. (May 31, 2005)

Letter to IRS on Relative Value Regulations

Pension Committee letter to the Internal Revenue Service (IRS) suggesting refinements to the relative value regulations. (May 10, 2005)

Letter to IRS on Circular 230 and Application to Actuarial Work

Pension Committee letter to the Internal Revenue Service (IRS) about revisions to IRS Circular 230 and its application to actuarial work. (May 9, 2005)

Congressional Testimony on PBGC and Pension Funding Reform

Pension Practice Council testimony to the Senate Health, Education, Labor and Pensions (HELP) Committee regarding Pension Benefit Guaranty Corporation (PBGC) reform. (April 26, 2005)

Letter to IRS on Crediting Contributions for Multiemployer Pension Plans

Multiemployer Plans Task Force letter to the Internal Revenue Service (IRS) expressing concerns about the IRS position on crediting contributions for multiemployer pension plans. (March 22, 2005)

Administration’s Single-Employer Pension Funding Proposal

Pension Committee analysis of pension funding reform proposal released by Bush administration and that analysis later presented to a House Ways and Means subcommittee. (March 8, 2005)

What’s a Credit Balance? How Does It Affect Pension Funding?

Pension Committee fact sheet examining credit balance options for defined benefit pension funding reform. (March 1, 2005)

Letter to IRS on Proposed Regulations for Distributions under Phased-Retirement Programs

Pension Practice Council comments to Internal Revenue Service (IRS) regarding proposed regulations on distributions from pension plans under a phased-retirement program. (February 8, 2005)

Pension Funding Reform for Single Employer Plans

Pension Practice Council and Pension Committee analysis of pension funding reform for single-employer pension plans. (February 1, 2005)

Letter to IRS on Delay of Amortization Relief for Multiemployer Plans under IRC

Multiemployer Plans Task Force letter to Internal Revenue Service (IRS) concerning the delay of amortization relief for multiemployer pension plans under Internal Revenue Code (IRC) Section 412. (January 28, 2005)

Principles of Pension Funding Reform for Multiemployer Plans

Multiemployer Plans Task Force issue brief identifying several key principles of pension funding reform for multiemployer pension plans. (January 3, 2005)

Letter to ASB on Proposed Pension Valuation Standard

Pension Committee comment letter to the Actuarial Standards Board (ASB) on a proposed pension valuation standard. (October 4, 2004)

Letter to IRS on Proposed Changes to ERISA Regulations

Pension Practice Council letter to the Internal Revenue Service (IRS) on proposed changes to the Employee Retirement Income Security Act of 1974 (ERISA) regulations. (September 1, 2004)

Fundamentals of Current Pension Funding and Accounting for Private Sector Pension Plans

Pension Committee policy paper analysis of current funding and accounting fundamentals for
private-sector pension plans. (July 16, 2004)

Congressional Testimony on Pension System Reform

Pension Practice Council testimony to the House Education and Workforce Subcommittee on Employer-Employee Relations regarding strengthening the defined benefit (DB) pension system and long-term solutions to reform. (April 29, 2004)

Retirement Security Presentation

Senior Pension Fellow presentation on DB vs. DC plans at an international forum on retirement security, "A Balancing Act: Achieving Adequacy and Sustainability in Retirement Income Reform." (March 4, 2004)

Pension Funding Reform

Pension Committee summary of a draft paper on principles for revising pension funding rules. (February 1, 2004)

Testimony on Funding Problems Facing the Traditional Pension System

Pension Practice Council testimony to the ERISA Advisory Council regarding funding problems facing the traditional defined benefit (DB) pension system. (July 24, 2003)

Testimony on Pension Security

Senior Pension Fellow testimony to the House Education and Workforce Subcommittee on Employer-Employee Relations regarding the health and future of defined benefit (DB) pension plans. (June 4, 2003)

Congressional Testimony on Funding Challenges for Defined Benefit Plans

Senior Pension Fellow to the Senate Finance Committee regarding funding challenges for defined benefit (DB) pension plans. (March 11, 2003)