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United States · Bill · S

S. 2005 (108th)

Pension Stability Act

openUnited States· United States Congress· EN

Introduced

9 January 2004

Last action

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 425.

Sponsors

Subjects

Discovery layer

Source updated

18 August 2025

Summary

Pension Stability Act - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to temporarily replace (for plan years 2004 and 2005) the 30-year treasury bond interest rate with a rate based on conservatively invested long-term corporate bonds, for certain pension plan funding requirements. Establishes the Commission on Defined Benefit Pension Plans. Requires Congress to act on the legislative proposal contained in the Commission's report within a certain period after receiving it.

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Documents

4 official files

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Sources

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