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.

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.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 23 May 2002

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 23 May 2002

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 23 May 2002

  Open at official source

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