• The Pension Protection Act of 2006 Prohibits Funding of Non-Qualified Deferred Compensation Benefits for Senior Executives of Companies with Underfunded Defined Benefit Plans
  • November 9, 2006 | Authors: Steven B. Lapidus; Mindy B. Leathe; Thomas G. LaWer
  • Law Firms: Greenberg Traurig, P.A. - Miami Office; Greenberg Traurig, P.A. - East Palo Alto Office
  • The Pension Protection Act of 2006 (the "Act") contains a very significant new rule that will prohibit employers with under-funded defined benefit pension plans from making contributions to Rabbi Trusts or other funding vehicles to fund future benefits of senior executives under a non-qualified deferred compensation plan.