Pension Protection Act
A federal law that attempts to strengthen employees’ retirement security by, among other things, allowing employers to automatically enroll employees in retirement savings plans.
The Pension Protection Act includes additional provisions that require companies to fully fund their pension plan obligations within seven years.
The Pension Protection Act of 2006 (PPA) amended IRC ยง 170(f)(11)(E), which provides definitions of qualified appraisal and qualified appraiser, effective for appraisals prepared for returns or submissions filed after August 17, 2006.
Under the Pension Protection Act of 2006 (PPA), a multiemployer plan is considered to be in critical status if (1) it is less than 65% funded and is projected to have a funding deficiency within five years or to be unable to pay benefits within ...
Also known as QACAs, these were established under the Pension Protection Act of 2006 as a way to increase workers' participation in self-funded defined contribution retirement plans such as 401(k)s, 403(b)s and 457(b)s.
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 See also: Expense, Saving, Compensation, Banks, Bills
  
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