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United States · Bill · S

S. 1708 (106th)

Pension Reduction Disclosure Act of 1999

referredUnited States· United States Congress· EN

Introduced

7 October 1999

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

20 August 2025

Summary

Pension Reduction Disclosure Act of 1999 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to set forth notice requirements for pension plans which significantly reduce future benefit accruals. Requires additional information to be provided in such notice by large pension plans with 100 or more active participants. Imposes an excise tax upon failure of pension plans to provide such notice.

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Documents

3 official files

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Sources

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