S 2005 · 108th Congress · Labor and Employment

Pension Stability Act

Introduced 2004-01-09· Sponsored by Sen. Gregg, Judd [R-NH]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 425.(2004-01-09)

Plain Language Summary

[AI summary unavailable — showing source text] Pension Stability Act - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to temporarily replace (for plan years 2004 and 2005) the 30-year treasury bond interest rate with a rate based on conservatively invested long-term corporate bonds, for certain pension plan funding requirements. Establishes the Commission on Defined Benefit Pension Plans. Requires Congress to act on the legislative proposal contained in the Commission's report within a certain period after receiving it.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

S. 2005, Pension Stability Act

Dec 4, 2003

<p>Cost estimate for the bill as ordered reported by the Senate Committee on Health, Education Labor, and Pensions on October 29, 2003</p>

Full CBO report ↗

S. 2005, Pension Stability Act

Dec 4, 2003

Cost estimate for the bill as ordered reported by the Senate Committee on Health, Education Labor, and Pensions on October 29, 2003

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office