Tax Law

Recent Posts

Cutback Relief and Retroactive Effect for Remedial Plan Amendments
Posted on 20 Sep 2012 by David Pratt

It is among the most fundamental tenets of pension law that benefits once earned cannot be taken away. It is made explicit in IRC § 411(a) , reinforced by the specific protection afforded by the anti-cutback rule of IRC § 411(d)(6) . There are... Read More

Special Requirements for Applicable Defined Benefit Plans
Posted on 16 May 2012 by David Pratt

The Pension Protection Act of 2006 ("PPA") provided extensive new rules to deal with many issues that have proved problematic for cash balance and pension equity plans. Among those new rules were special requirements for "applicable defined... Read More

Pension Funding Relief -- Temporary or Here to Stay?
Posted on 16 Aug 2010 by David Pratt

The Pension Protection Act of 2006 [PPA, Pub. L. No. 109-280] was enacted in part to strengthen the minimum funding rules for defined benefit (DB) pension plans. The subsequent financial crisis and recession led to vigorous lobbying by employers for relief... Read More

  • Blog Post: Pension Funding Relief -- Temporary or Here to Stay?

    The Pension Protection Act of 2006 [PPA, Pub. L. No. 109-280] was enacted in part to strengthen the minimum funding rules for defined benefit (DB) pension plans. The subsequent financial crisis and recession led to vigorous lobbying by employers for relief from the new rules. On June 25, 2010, after...