Retirement Policy

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

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

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

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

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)

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)

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

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

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)

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

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

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)

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

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)

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

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

Pension Committee paper that discusses the reasons why Congress should alter the discount rate calculation for determining lump-sums given historically low interest rates and provides information on possible transition rules for such a change. (June 17, 2003)

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)

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