2006 Pension Reform Act
VP Rosen asked that I send out highlights of the new Pension Protection Act of 2006. I have worked with Bob Patrician/CWA Research and have enclosed them. While I don?t have all of our represented companies finances [in terms of pension plan funding], nor do I have all of the contract language to determine current methodology used for calculating lump sums or even if your contract allows for the lump sum option; I have tried to [generally] highlight the most questioned pieces of the new legislation [which is 907 pages long].I hope this helps you answer questions. Download Summary of 2006 Pension Reform Act by CWA Reps Kristie Darling and Bob Patrician, in PDF format.