Cash Balance Pension Plans : Selected Legal Issues.
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;...
| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
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[Place of publication not identified] :
[publisher not identified],
2006.
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| Series: | U.S. Congressional Research.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| 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. |
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| Item Description: | 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. CRS Report. Electronic resource. |
| Physical Description: | 1 online resource. |