Charitable Pension Flexibility Act
Representatives Susan Brooks (R-IN) and Ron Kind (D-WI) introduced a bipartisan bill on May 23 that enables Girl Scouts and similar charities with affiliates, such as universities and non-profit hospitals, to opt-in early starting next year to the pension funding rules that cover corporate plans - the Charitable Pension Flexibility Act (H.R. 2134).
The bill would smooth pension expenses at more consistent levels, so there is not a spike in paying much higher amounts projected for the next three years. Key to this legislation's success is strong, bipartisan support.
Consider taking action and urge your U.S. Representative to support the Charitable Pension Flexibility Act. Take Action!