Will pension bill ride through Congress?
Article Abstract:
Senator David Pryor is expected to introduce a new pension simplification bill which will be included in a new tax reform proposal. The pension bill contains provisions that will allow employees of non-profit organizations to establish 401(k) plans. In addition, it features provisions outlining the mechanics of 'safe harbors,' which allow employers to circumvent tedious discrimination testing procedures. The chances of the new pension bill's passage will depend on whether its accompanying tax reforms will be approved by legislators and Pres. Bill Clinton.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
GAO report: economically targeted investments perform well
Article Abstract:
The General Accounting Office has reported in Apr. 1994 that the seven public pension funds they have examined with economically targeted investment (ETIs) holdings have been doing well. The expected performance of ETIs has reached the same level of returns of benchmark investments. ETIs are marketed to pension funds to build capital for housing, infrastructure and commercial construction. The ETI is an endorsement of the Clinton administration and is being opposed by the Republicans in Congress.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
GOP rules: can the industry relax with the GOP in control?
Article Abstract:
The return of a Republican majority in Congress may have both positive and negative implications for the pension industry. While the Republican Party (GOP) has favored reduced disclosure and other legal burdens on pension funds in the past, they have also espoused reduced funding limits for 401(k) plans. Moreover, industry observers are fearful that the tax reductions promised by the GOP's program of action may translate into tax revenue offsetting through employer-sponsored pension plans.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Got stress? Three experts target the source and the means to combat it. Simulations: Slowly proving their worth
- Abstracts: A sequential equilibrium for the army's Targeted Selective Reenlistment Bonus program. The new employment relationship versus the mutual investment approach: implications for human resource management
- Abstracts: Anti-discrimination Law affects pension benefits. More news about GATT's effect on pension plans. Withdrawal-liability rule has financial implications
- Abstracts: There's a lot to think about this year. Where will pension funds invest? Timken slashes costs by updating plans
- Abstracts: PBGC's annual hit list. Actuaries: do actuaries affect pension plan solvency?