Pension Protection Act of 2006 (PPA) | Practical Law
Pension Protection Act of 2006 (PPA)
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Pension Protection Act of 2006 (PPA)
Practical Law Glossary Item 6-503-2333
(Approx. 2 pages)
Glossary
Pension Protection Act of 2006 (PPA)
A federal law providing for comprehensive pension reform that addresses a variety of
employee benefit plan
topics including:
Revised minimum funding requirements for
defined benefit plans
and
multi-employer plans
.
Enhanced disclosure to participants regarding plan assets and liabilities.
Stricter reporting requirements to the government for underfunded plans.
Tax benefits to encourage retirement savings.