HR 3108 - Pension Funding Equity Act of 2004 - National Key Vote

Stage Details

See How Your Politicians Voted

Title: Pension Funding Equity Act of 2004

Vote Smart's Synopsis:

Vote to adopt a conference report on a bill intended to ensure the stability of pension plans over the next two years.

Highlights:

  • Replaces the current standard used by employers to determine pension liabilities (Sec. 101).
  • Provides that pension liabilities shall be determined by a corporate bond rate until December 31, 2005, instead of the 30-year Treasury bond interest rate currently mandated (Sec. 101).

See How Your Politicians Voted

Title: Pension Funding Equity Act of 2004

Vote Smart's Synopsis:

Vote to adopt a conference report on a bill intended to ensure the stability of pension plans over the next two years.

Highlights:

  • Replaces the current standard used by employers to determine pension liabilities (Sec. 101).
  • Provides that pension liabilities shall be determined by a corporate bond rate until December 31, 2005, instead of the 30-year Treasury bond interest rate currently mandated (Sec. 101).

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