H.R. 2831 · 109th Congress

Pension Preservation and Portability Act of 2005

Stage
In committee
Introduced
2005-06-09
Latest action
2005-07-25 · Referred to the Subcommittee on Employer-Employee Relations.

Summary

Pension Preservation and Portability Act of 2005 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to require all defined benefit pension plans, including hybrid plans such as a cash balance plan, to comply with certain rules, in cases of reduction in accrued benefits because of attainment of any age, in order to be deemed nondiscriminatory as to age.