Return to Issues & Policies > TCA Policies > TCA Policy Labor

ERISA

TCA supports stabilization of both single- and multi-employer pension plans.  Standards for such stabilization should ensure that:

1. Future benefits are properly funded;
2. Restrictions are placed on trustees in order to maintain sound financial ratios before the benefit levels can be increased;
3. Any additional administration costs are kept to a minimum; and 
4. Changes do not impinge on normal business decisions, the movement of capital, or the ability of companies to borrow money.

Amended March 1, 2008