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 a Description Of The Chairman’s Mark Of The “National Employee Savings And Trust Equity Guarantee Act of 2005.”