October 4, 2000 (PLANSPONSOR.com) - Nearly five thousand pensioners have been reconnected with their "missing" pensions totaling some $10 million during the past year, thanks to the Pension Benefit Guaranty Corporation's (PBGC) Pension Search Directory.
May 3, 2000 (PLANSPONSOR.com) - Retirement plan balances may escape creditor clutches, after all. A controversial pension plan waiver provision will be removed from the pending bankruptcy reform bill, according to aides of Senators Charles Grassley (R-Iowa) and Jeff Sessions (R-Ala.). The provision would have allowed individuals to waive the current exemption that protects retirement plan assets from creditors, either while in bankruptcy, or as part of a loan agreement.
October 2, 2000 (PLANSPONSOR.com) - The General Accounting Office (GAO) is expected to issue a report urging the Internal Revenue Service to stop approving cash balance plans until their impact on retirement benefits can be determined.
December 1, 2000 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has announced changes to its premium regulations to make things easier for sponsors of defined benefit pension plans.
November 1, 2000 (PLANSPONSOR.com) - The Senate has once again put off a floor vote on HR 2614, the tax bill that contains pension reform legislation and several health care provisions.
November 1, 2000 (PLANSPONSOR.com) - It looks like Congress is going to wait until after the election to deal with pension reform, following the Senate's passage of a short-term spending bill.
September 1, 2000 (PLANSPONSOR.com) - The Internal Revenue Service has issued final regulations that permit defined contribution plans to eliminate some alternate forms of payment, as long as a lump sum option is available.