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U.S. Chamber of Commerce: Cash Balance Plans Provide Significant Benefits
U.S. Chamber of Commerce 
Nov. 14, 2003 10/16/03. Excerpt: The current opposition to these plans is based on an assumption that cash balance plans are inherently age discriminatory and comes on the heels of a highly controversial court decision. However, a federal court, in that same district, has previously ruled that cash balance plans do not violate age discrimination laws. In addition, no federal agency ... has determined that cash balance plans or conversions to them, violate federal age discrimination, ERISA, or tax laws. MORE >> |
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