NESTEG Legislation Unveiled

Plan Sponsor.com has a good article summarizing pension legislation unveiled last Friday by Senators Charles Grassley (R-Iowa) and Max Baucus (D-Montana): “Senate Bill Takes On Private Pension Pickle.” Also, from Mary Williams Walsh of the New York Times: “2 Senators Present a Plan for Strengthening Pensions.” In connection with the scheduled markup tomorrow by the Senate Committee on Finance, the Joint Committee On Taxation has issued Description Of The Chairman’s Mark Of The “National Employee Savings And Trust Equity Guarantee Act of 2005.”