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United States · Bill · S

S. 2563 (107th)

A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 with respect to the interest rate range for additional funding requirements, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

23 May 2002

Last action

23 May 2002 · Introduced

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4853)

Sponsors

Sen. Grassley, Chuck [R-IA], Sen. Kerry, John F. [D-MA], Sen. Torricelli, Robert G. [D-NJ]

Subjects

Discovery layer

Source updated

14 January 2025

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Summary

Amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to apply to 2001 the 2002 and 2003 special interest rate range for additional funding requirements for pension plans by the Pension Benefit Guaranty Corporation (PBGC). Amends ERISA to revise the formula for determining such range. Amends the Retirement Protection Act of 1994 to establish special rules relating to funding liability percentages and the mortality table to be used for purposes of determining unfunded vested benefits.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 23 May 2002

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4853)

    Source: IntroReferral

  2. 23 May 2002

    Introduced

    Sponsor introductory remarks on measure. (CR S4852-4853)

    Source: IntroReferral

  3. 23 May 2002

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 23 May 2002

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 23 May 2002

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 23 May 2002

    Open at official source

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Sponsors

Related records

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Sources

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