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Brown Cafe UPS Forum
UPS Retirement Topics
Pension Protection Act
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<blockquote data-quote="my2cents" data-source="post: 54383"><p>Just downloaded the newest Summary Annual Report for the New England Fund. The information in the report is already 9-10 months out of date. The SAR was created for June 2005 using data for the period October 1, 2003 thru September 30, 2004. This is one of positive areas the Pension Protection Act addresses, as disclosures will be more timely. I believe the legislation will require disclosure within a 1-3 month time frame. A definite improvement in this area, IMO.</p></blockquote><p></p>
[QUOTE="my2cents, post: 54383"] Just downloaded the newest Summary Annual Report for the New England Fund. The information in the report is already 9-10 months out of date. The SAR was created for June 2005 using data for the period October 1, 2003 thru September 30, 2004. This is one of positive areas the Pension Protection Act addresses, as disclosures will be more timely. I believe the legislation will require disclosure within a 1-3 month time frame. A definite improvement in this area, IMO. [/QUOTE]
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