Commentary: Pension Plan Sponsors: Are You Ready?
Daily Record (Rochester, NY) (May 15, 2009)
Author: Mark J Kovaleski
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Pension plans and plan audits are being impacted by the current economic climate and changing rules and regulations at the Department of Labor and the IRS.
It is essential for companies to understand those impacts. A few of the latest developments impacting plans and audits include:Commentary: Pension Plan Sponsors: Are You Ready?
Temporary pension funding relief
On Dec. 23, 2008, President Bush signed the Worker, Retiree and Employer Recovery Act of 2008, which among other provisions, provided technical corrections to the Pension Protection Act of 2006 and relief for defined benefit sponsors, easing their pension funding obligat...Try vLex for FREE for 3 days
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