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NEWS STORY

UPDATE: President Signs PPA Technical Corrections Bill

December 23, 2008

On December 23, President George W. Bush signed the Worker, Retiree, and Employer Recovery Act of 2008, which was passed earlier this month by the House and Senate. On December 10, the House passed by unanimous consent the bill, which was then referred to the Senate, where it passed by unanimous consent on December 11.

Included in H.R. 7327 are amendments and technical corrections to the Pension Protection Act of 2006, such as the governmental DB plan interest crediting rate fix, a clarification to extend the public safety retiree health exclusion to self-insured plans, and a modification to the tax treatment of certain state medical reimbursements to beneficiaries.

To view a memo on the parts of the bill that affect public pension plans, please click here.

SPOTLIGHT 2013 NCPERS Annual Conference For sneak peeks at the upcoming Annual Conference presentations, click here. READ MORE

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EDUCATIONAL CONFERENCES May 18-19, 2013 Trustee Educational Seminar Honolulu, HI May 19-23, 2013 Annual Conference & Exhibition Honolulu, HI August 19-21, 2013 Program for Advanced Trustee Studies Cambridge, MA October 27-30, 2013 Public Safety Conference Rancho Mirage, CA READ MORE