Press Release Archive – 2003

Employers urge SEC to consider alternatives to 4:00 p.m. hard close trade time and 2 percent redemption fee for market timers
(December 2, 2003)

Council lauds Congressional passage of Medicare, prescription drug reform
(November 25, 2003)

Council survey warns: 'hard and fast' rule could adversely affect retirement plans
(November 18, 2003)

Medicare, prescription drug reform bill represents historic, positive achievement
(November 17, 2003)

Council condemns inclusion of cash balance provision in final appropriations bill
(November 13, 2003)

Council welcomes proposed 401(k) and 401(m) rules, urges changes in limited areas
(November 12, 2003)

American Benefits Council statement: AARP actions undermine health security for seniors
(November 11, 2003)

Cash balance restrictions may be unconstitutional, legal study finds
(November 11, 2003)

Council cheers Senate HELP approval of pension interest rate reform bill
(October 29, 2003)

"First, do no harm": Council urges House panel to carefully consider reform of pension funding rules
(October 29, 2003)

Business groups urge Senate Aging panel to address multiple threats to defined benefit pension system
(October 14, 2003)

Council applauds House's bipartisan approval of pension interest rate reform
(October 8, 2003)

Council available to comment on House consideration of interest rate reform bill
(October 6, 2003)

Senate yield curve proposal could drive more companies from the pension system
(September 16, 2003)

Council tells Senate panel that 30-year Treasury rate replacement is a higher priority for pensions than PBGC "crisis"
(September 15, 2003)

Council welcomes Jan Jacobson as new director, retirement policy
(September 5, 2003)

Congress should focus on multiple threats to defined benefit pension plans rather than on PBGC "crisis"
(September 4, 2003)

Protecting and encouraging defined benefit pension system is crucial for retirees, PBGC
(September 3, 2003)

Council comments on Cooper v. IBM cash balance pension case ruling
(July 31, 2003)

Council commends Ways and Means panel passage of Portman-Cardin bill and 30-year Treasury rate reform for pension plans
(July 18, 2003)

Council staff available to comment on tomorrow’s House Ways and Means mark up of Portman-Cardin’s Pension Preservation and Savings Expansion Act (H.R. 1776)
(July 17, 2003)

Council urges joint House panels to use Portman-Cardin corporate bond rate in place of 30-year Treasury pension funding rate
(July 15, 2003)

Business community urges panel: replace defunct 30-year Treasury rate
(July 15, 2003)

Council to brief reporters on pension interest rate reform prior to Tuesday’s congressional hearing
(July 10, 2003)

Council comments on Bush administration's pension funding proposals
(July 8, 2003)

Council urges DOL advisory panel to support Portman-Cardin 30-year Treasury rate reform for pension plans
(June 26, 2003)

Council signs letter in support of “Broad-Based Stock Option Plan Transparency Act”
(June 3, 2003)

Council urges accounting board to delay change in discount rate for pension plans
(May 27, 2003)

Council lauds Pension Security Act’s prudent approach to retirement policy
(May 14, 2003)

Council to brief reporters on Portman-Cardin “Pension Preservation and Savings Expansion Act” prior to next week's markup
(May 8, 2003)

Council urges Ways and Means subcommittee to support Portman-Cardin 30-year Treasury pension funding fix
(April 30, 2003)

Council releases chart summarizing Portman-Cardin "Pension Preservation and Savings Expansion Act"
(April 23, 2003)

Council applauds introduction of Portman and Cardin's Pension Preservation and Savings Expansion Act of 2003
(April 11, 2003)

Council urges continued improvement in cash balance, age discrimination rules
(April 10, 2003)

Sanders’ dangerous “mandated choice” retirement plan bill would further undermine defined benefit system
(April 8, 2003)

Nonqualified deferred compensation plans fuel job, corporate growth says Council paper
(April 8, 2003)

Council applauds IRS withdrawal of harmful provisions in cash balance regulations
(April 7, 2003)

Council comments on IRS age discrimination regulations, urges modifications
(March 11, 2003)

Council urges reform to preserve viability, flexibility of defined benefit pension plans
(March 11, 2003)

Council responds to White House proposals for Medicare, prescription drug coverage
(March 4, 2003)

Business groups urge FTC to foster more competitive, market-driven health care system
(February 27, 2003)

Council to House panel: information, advice will protect participants and encourage savings
(February 13, 2003)

Council urges Senate: don't play politics with Retirement Security
(January 30, 2003)

Council staff available to comment on State of the Union health, retirement savings proposals
(January 28, 2003)

American Benefits Council welcomes Bush Administration call for Medicare reform
(January 24, 2003)

American Benefits Council to brief media on employee benefits policy agenda and new membership survey results
(January 13, 2003)