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September 6, 2006
PPA: Pretty Powerful Act for Pension Protection?
On August 17, 2006, President Bush signed the Pension Protection Act of 2006 (“PPA”, P.L. 109-280). This law makes significant changes to provisions affecting benefit plans. The majority of this law relates to defined benefit plans. However, it includes many changes affecting defined contribution plans, and even a few that affect welfare benefit plans. Following is a summary of select provisions of the law.
August 17, 2006