Pension Protection Act Blog

A little over a year ago, I started this blog to keep track of my notes about the Pension Protection Act. One of my first posts was about rollovers to nonspouse beneficiaries. One year and 126,210 visitors later, rollovers to nonspouse beneficiaries remain a hot topic.
Last week, the House of Representatives finally passed […]

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In a surprise move, the House of Representatives passed the Pension Protection Technical Corrections Act, H.R. 3361, on March 12, 2008. The bill’s status is now engrossed as passed/agreed to in the House. The companion Senate bill, S.1974, was passed by the Senate in December, 2007.
It was a surprising move by […]

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What does a Shuttle launch have in common with the Pension Protection Act - really nothing except that I live and work directly across from the Kennedy Space Center, so tonight is devoted to non-ERISA/PPA related activity. Shuttle launches in general are amazing, and a night launch is really spectacular and not to be […]

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Earlier this year, I posted about a provision contained in one of the 13 appropriate bills which would permit 457(b) plans to include a qualified Roth contribution program.
H.R. 2419, also known as the Food and Energy Security Act of 2007, commonly known as the Farm Bill, contains Section 12512, which is “Participants in government section […]

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Last night, Congress adjoined without acting on H.R. 3361, the House of Representative’s version of the Pension Protection Technical Corrections Act of 2007. The Senate passed S. 1974, the Senate version of the Pension Protection Technical Corrections Act of 2007. The House could still pass their version of the bill after the holiday […]

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With the deadline of November 24th to provide the Qualified Default Investment Alternatives (QDIA) Notice fast approaching, neither the Dept. of Labor nor the IRS has announced a last minute extension.
When the DOL released the Final Rule on Default Investment Alternatives Under Participant Directed Individual Account Plans on October 24, 2007, it contained […]

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Lizzie Palmer has posted an amazing video on YouTube. The video has nothing to do with plan documents or ERISA directly.
Earlier this month, I posted about reviewing the USERRA provisions in plan documents before making year-end contribution projects for next year. Paul Secunda of the Workplace Prof Blog discusses an article in the […]

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The House Ways and Means Committee is requesting comments on H.R. 3361, which is the House bill containing technical corrections to the Pension Protection Act.
Comments will be accepted until the close of business on November 1st and can be submitted by email following the procedures posted in the announcement for comments.
Technical corrections in […]

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At the Cincinnati Benefits Conference last week, I was surrounded by some of the giants of plan document design, especially pre-approved prototypes and volume submitter documents. At one point, around one table during lunch, sat the writers of prototypes and volume submitter documents used by more than 70% of 401(k) plans, profit sharing plans, […]

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On Friday, Ohio announced that its five public employee pension systems will adopt policies aimed at dropping investments in companies which do business in Iran and the Sudan. Recently, Illinois had adopted the same policy by state statute. That state statute was subsequently overturned by the U.S. District Court for the Northern District […]

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