Retirement Plans: 401(k)s, IRAs and Other Deferred Compensation Approaches 10th Edition by Allen, Joseph Melone, Jerry Rosenbloom, Dennis Mahoney

Exercise 5

The foundational framework for pension funding was established by ERISA in 1974. As indicated in the chapter, substantial flaws emerged in the original funding approach promulgated by ERISA. A substantial overhaul of these rules occurred with the enactment of the PPA of 2006. Can you foresee any flaws in the funding approach of the PPA that may lead to substantive revisions of its funding rules in the future?