Co-op Pension Plan Bill Clears Congress

2014-03-26T21:11:43-07:00March 26th, 2014|Categories: Pension Reform|Tags: , , |

A bill designed to protect the electric cooperative pension plan from overregulation and unstable funding requirements is headed for President Obama’s signature. The House of Representatives approved the Cooperative and Small Employer Charity Pension Flexibility Act March 24 on a voice vote. It permanently exempts not-for-profit sponsors of multiple-employer pension plans, like the NRECA Retirement Security Plan, from costly and unpredictable provisions of the 2006 Pension Protection Act. […]