S 191
110th Congress
Senate
Labor and Employment
Airline employees
Airlines
Finance and Financial Sector
Interest rates
Pension funds
Transportation and Public Works
A bill to provide relief for all air carriers with pension plans that are not frozen pension plans.
Introduced: January 4, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 4, 2007
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jan 4, 2007
Introduced in Senate
Plain-English summary
Amends the Pension Protection Act of 2006 to require commercial passenger airline pension plan sponsors electing not to utilitze the alternative funding schedule to use an interest rate of 8.25% in determining the funding target for each of the 10 plan years (rather than the segmented interest rates calculated on the basis of the corporate bond yield curve).
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1
Cosponsors
1