Originally Posted by pb4uski
I think you could strike "employed and". I'm a participant in a DB plan and the notion of weaker funding requirements doesn't sit well with me but there isn't much I can do about it other than complain.
The act changes the interest rate companies must use to calculate their funding requirements. By allowing an average of the past 25 years, the rate right now is the best it will get for the foreseeable future. Companies will benefit today but future contributions will be more costly if interest rates rise.
If overfunding results from this calculation, it may be easier to withdraw the excess, or part of it.
PBGC contributions increase. Ths is good.
Here's a brief I found with some detail https://www.buckconsultants.com/port...-a-Reality.pdf