4.
|
In your opinion, would the following options help or hinder pension and retirement plan coverage? |
(Check one for each.) |
Greatly help | Generally help | Neither help nor hinder | Generally hinder | Greatly hinder | No answer | ||
---|---|---|---|---|---|---|---|
4a.
|
Allow employer plans to distribute a certain amount of pension benefits as annuity income and the remainder with participant discretion | ||||||
4b.
|
Allow plan sponsors or employers to form or join purchasing pools to offer annuities | ||||||
4c.
|
Amend ERISA Investment Advisor rules to clarify that plan sponsors may provide information/education on managing income during retirement | ||||||
4d.
|
Apply the same tax penalties for taking a lump sum at retirement as are applied for pre-retirement lump sum distributions | ||||||
4e.
|
Change benefit portability rules/regulations | ||||||
4f.
|
Develop more adequate annuity products (not a policy option per se) | ||||||
4g.
|
Enable government to act as an insurer for commercial annuity providers (i.e., federal guaranty program) | ||||||
Greatly help | Generally help | Neither help nor hinder | Generally hinder | Greatly hinder | No answer | ||
---|---|---|---|---|---|---|---|
4h.
|
Have PBGC or another government agency provide annuities to employers and/or employees (i.e., as a competitor to provide or sell annuities) | ||||||
4i.
|
Increase information and education to participants/ retirees | ||||||
4j.
|
Mandating pension/retirement saving plan benefits be paid as annuities (partial or full) | ||||||
4k.
|
Mandating qualified DC plans offer an annuity as a default option of pension benefits (i.e., apply QJSA provisions) | ||||||
4l.
|
Modify rules/regulations that currently apply when plans offer an annuity (e.g., limit QJSA provisions) | ||||||
4m.
|
Provide tax incentives for employees who receive qualified annuity income (i.e., favorable tax treatment of annuity income) | ||||||
4n.
|
Provide tax incentives for employers and/or insurance providers to provide annuities to retirees | ||||||
Greatly help | Generally help | Neither help nor hinder | Generally hinder | Greatly hinder | No answer | ||
---|---|---|---|---|---|---|---|
4o.
|
Require all DC plans that don't normally pay out in the form of an annuity to roll out all lump sum distributions to a new type of IRA that pays benefits in the form of a J&S annuity | ||||||
4p.
|
Require pension/retirement plans offering distributions in the from of an annuity to offer an inflation-indexed annuity option | ||||||
4q.
|
Require pension/retirement plans that allow retirees to elect lump sums to also offer the option to annuitize some benefits at a later date | ||||||
4r.
|
Require qualified DC plans to offer an annuity option | ||||||
4s.
|
Set minimum standards for state insurance guaranty funds | ||||||
4t.
|
Simplify various DB plan rules to level the playing field with DC plans | ||||||
4u.
|
Other (Please describe below.) | ||||||
|
If you checked "other" (above), please describe. (The textbox will expand to accommodate your response.) |