Common Contracts
1 similar Pension Provisions contracts
Pension Conference Report Pension ProvisionsPension Provisions • August 7th, 2006
Under the proposal, plan liabilities are determined using a 3-segment yield curve developed from a 24-month average of the yield on the top three grades of corporate bonds. Assets can be averaged over 24 months, but the result is limited to 105% of market value as of the plan's valuation date. As under the current law DRC rules, Treasury establishes the standard mortality table. However, the proposal permits large companies to develop and use plan-specific mortality tables for minimum contribution calculations.
