<nobr>Jul 25, 2005</nobr>

ERIC Provides Easy-to-Understand Explanation of Funding Requirements for Single-Employer Pension Plans, and Funding Status of the PBGC

Washington, D.C. – July 25, 2005 – The ERISA Industry Committee (ERIC) has developed ERIC Pension Pointers – two short papers explaining funding requirements for single-employer pension plans and examining the funding status of the Pension Benefit Guaranty Corporation (PBGC).

<>The pension funding requirements document details in easy-to-understand language pension funding rules as required by laws passed by Congress in 1974, 1987, and 1994. The PBGC funding status document assesses the financial status of the PBGC.

The papers were developed as a reference for members of Congress and their staffs as they consider complex pension reform proposals.

Click below for the ERIC Pension Pointers documents:

http://www.eric.org/forms/documents/DocumentFormPublic/viewDoc?id=3B5100000051

For further information please contact:

Mark Ugoretz, President
mugoretz@eric.org

Janice Gregory, Senior Vice President
jgregory@eric.org

Brendan LaCivita, Director of Communications
blacivita@eric.org

The ERISA Industry Committee (ERIC) is a non-profit association committed to and represents exclusively the advancement of the employee retirement, health, and compensation plans of America’s largest employers. ERIC’s members provide benchmark retirement, health care coverage, compensation and other economic security benefits directly to tens of millions of active and retired workers and their families. ERIC has a strong interest in proposals affecting its members’ ability to deliver those benefits, their cost and their effectiveness, as well as the role of those benefits in the American economy.

Back to Previous Page