Pension Funding Improvement Act of 1995

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Pension Plan Funding Title II: Required Security for Certain Plan Amendments Title III: Miscellaneous Provisions Pension Funding Improvement Act of 1995 - Title I: Pension Plan Funding - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise minimum funding standards for pension plans. (Sec. 102) Revises the additional funding requirements for pension plans that are not multiemployer plans to provide for an underfunding reduction requirement and solvency maintenance requirement. (Sec. 104) Provides for transition use of credit balances from plan years before 1996. Title II: Required Security for Certain Plan Amendments - Amends ERISA to increase required funding percentages and required security under provisions for pension plan termination insurance. (Sec. 203) Applies such required funding and security provisions to multiemployer plans, as well as to other pension plans. (Sec. 204) Applies specified criminal penalties to violations of such requirements. Title III: Miscellaneous Provisions - Amends ERISA to require inclusion in annual Pension Benefit Guaranty Corporation (PBGC) reports of actuarial evaluations of pension benefit gu…