Overview of Present Law, Proposals, And Issues Relating to Employer-Provided Retiree Health Insurance : Scheduled for a Hearing Before the Subcommittee On Oversight of the Committee On Ways And Means, On September 15, 1988 Jcs-15-88

Cover Overview of Present Law, Proposals, And Issues Relating to Employer-Provided Retiree Health Insurance : Scheduled for a Hearing Before the Subcommittee On Oversight of the Committee On Ways And Means, On September 15, 1988 Jcs-15-88
Overview of Present Law, Proposals, And Issues Relating to Employer-Provided Retiree Health Insurance : Scheduled for a Hearing Before the Subcommittee On Oversight of the Committee On Ways And Means, On September 15, 1988 Jcs-15-88
United States. Congress. Joint Committee On Taxation
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Because the reserve is computed on the basis of the current year's medical costs, neither future inflation nor future changes in the level of uti- lization may be taken into account until they occur.
The Deficit Reduction Act of 1984 (DEFRA), which added the de- duction limitations for contributions to welfare benefit funds, di- rected the Secretary of the Treasury to study the possible means of providing minimum standards for employee participation, vesting, accrual, and funding under welfare
...benefit plans for current and retired employees. The study is to include a review of whether the funding of welfare benefits is adequate, inadequate, or excessive.
The Secretary was required to report to the Congress with respect to the study by February 1, 1985, with suggestions for minimum standards where appropriate. The Tax Reform Act extended the due date for the study to October 22, 1987. This study has not yet been completed.
Qualified plan distributions An individual may use some or all of a distribution from a quali- fied plan to acquire post-retirement medical benefits.


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