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- S.191
S.191: A bill to provide relief for all air carriers with pension plans that are not frozen pension plans.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about labor and employment
- Introduced Jan. 4, 2007
- Latest Major Action Jan. 4, 2007
Bill Sponsor
Bill 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).
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
|
| Jan. 4, 2007 |
Introduced in the Senate by Kay Bailey Hutchison (R-Texas) |