Senate Approves Bill to Provide Relief to Some Pension Plans From: The Washington Post | Date: January 29, 2004| Author: Albert B. Crenshaw | Copyright 2004 The Washington Post. This material is published under license from the Washington Post.  All inquiries regarding rights should be directed to the Washington Post.Copyright information

The Senate yesterday approved a bill that would ease funding requirements for companies operating traditional pension plans and grant special relief to firms in the airline and steel industries whose plans are severely underfunded.

In addition, it would provide relief for multi-employer pension plans of the sort common in the trucking and construction industries.

The measure, which passed by a vote of 86 to 9, flies in the face of the Bush administration, which has called for an ...

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