There’s some good news and bad news for defined benefit plan sponsors absorb in the wake of compromise legislation featuring a key provision pertaining to pension funding stabilization.
“The final transportation funding and student loan extension legislation, passed by Congress, represents a mixed bag for employer sponsors pension plans and ultimately, of course, for the plan participants,” American Benefits Council President James A. Klein says. The measure includes several pension-related features to help pay for the transportation and student loan provisions.
