The DOL has announced a new page on their website devoted to the Bush administration’s proposal for pension reform:
As indicated in the President’s FY 2006 Federal Budget, this Web site hosted by the Department of Labor is the official location for all Administration documents pertaining to the President’s single employer defined benefit pension reform proposal. It will be regularly updated to include new documents from other Federal Agencies as well as the Department of Labor.
The website features testimony at today’s hearing before the Senate Finance Committee. More on the hearing here, including these spirited comments from Senator Grassley here.
In addition, access the Joint Committee on Taxation‘s 81-page report entitled the “Present Law and Background Relating to Employer-Sponsored Defined Benefit Pension Plans and the Pension Benefit Guaranty Corporation (“PBGC”).” (Source: The TaxProf Blog)