Benefitsblog: Pension Funding Equity Act Passed by the Senate

January 28, 2004

Pension Funding Equity Act Passed by the Senate

The Pension Funding Equity Act passed the Senate in a vote of 86-9, in what is being called a "rare election-year concord." The bill provides additional pension funding relief for the airline and steel industries.

Articles discussing the legislation:

Reuters: "US Senate OKs billions in company pension aid"
New York Times: "Senate Passes Bill to Save Billions in Company Pension Costs"
Washington Post: "Senate Approves Pension Bill"

Read more about the bill in a previous post here.

Posted by B. Janell Grenier at January 28, 2004 08:49 PM