S.2005: Pension Stability Act

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about congress
  • Introduced Jan. 9, 2004
  • Latest Major Action Jan. 9, 2004

Bill Sponsor

Bill Summary

Pension Stability Act - (Sec. 2) Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to temporarily replace (for plan years 2004 and 2005) the 30-year treasury bond interest rate with a rate based on conservatively invested long-term corporate bonds, for certain pension plan funding requirements. (Sec. 3) Establishes the Commission on Defined Benefit Pension Plans to study and report to Congress on...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 3 statements associated with S.2005.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.2005.

Bill Actions

Date Description
Committee on Health, Education, Labor, and Pensions. Original measure reported to Senate by Senator Gregg under authority of the order of the Senate of 12/9/2003. With written report No. 108-221.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 425.
Jan. 9, 2004

Introduced in the Senate by Judd Gregg (R-N.H.)

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