Small Corporate Employers Retirement Pension Plans Act

[AI summary unavailable — showing source text] Small Corporate Employers Retirement Pension Plans Act - Authorizes small corporate employers to establish a qualified trust, or annuity plan for their employees by complying with a plan which prescribes minimum participation standards, minimum vesting standards, and minimum funding standards different from those presently applicable to qualifying trusts under the Internal Revenue Code. Allows an employer to take a tax deduction for contributions to an employees' trust or annuity for an amount in excess of such contributions, up to a contribution level of $25,000.…