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FEATURED PRODUCT

U.S. Master Pension Guide, 2012 Edition

U.S. Master Pension Guide, 2012 Edition
Part of CCH's Master Series of professional guidebooks. The book provides a comprehensive explanatory overview of qualified retirement plans and other retirement arrangements, reflecting up-to-date law changes and regulations. Benefit COLAs, calendars, and tables reflect the year 2012 figures.

CCH® PENSION — 1/31/07

Legislators Propose More Benefits-Related Bills

from Spencer’s Benefits Reports: Between January 9 and January 19, federal legislators introduced the benefits-related bills listed below.

On January 12, the House passed H.R. 4, to require the Secretary of Health and Human Services to negotiate lower covered Medicare Part D drug prices on behalf of Medicare beneficiaries. Sen. Olympia Snowe (Maine) has introduced similar legislation in the Senate.

Also in the Senate, Sen. Ron Wyden (Ore.) introduced a health care reform measure that he had announced late last year.

Additionally, Sens. Jeff Bingaman (N.M.) and George Voinovich (Ohio) introduced S. 325, the Health Partnership Act, which would authorize grants to individual states, groups of states, or portions of states to carry out any of a broad range of strategies to increase health care coverage. States desiring to participate in a health care expansion and improvement program would submit an application to a bipartisan “State Health Innovation Commission.” At the end of a five-year period, the commission would be required to report to Congress whether the states are meeting the goals of the act and recommend future action that Congress should take regarding overall health care reform. Reps. Tammy Baldwin (Wis.), Tom Price (Ga.), and John Tierney (Mass.) have introduced similar legislation in the House as H.R. 506.

House Bills

Senate Bills

For more information on this and related topics, consult the CCH Pension Plan Guide, CCH Employee Benefits Management, and Spencer's Benefits Reports.

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