Cash Balance Pension Plans Selected Legal Issues

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Age discrimination.

Pensions.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Place of publication not identified] [publisher not identified] 2006

Summary:

Examines the adverse effect of pension plan conversion on older employees due to wear-away and the whipsaw effect that may occur when computing a lump-sum payment of benefits prior to normal retirement age. Reviews H.R. 4, the Pension Protection Act of 2006, to address wear-away and whipsaw issues; and discusses relevant legislation in the 109th Congress

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress Congressional Research Service Cash Balance Pension Plans

Publisher Number:

CRS-2006-AML-0297

Access Restriction:

Restricted for use by site license