Chris

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IRS to Amend Public Sector Retirement Rules

Last week, the Internal Revenue Service published a notice of its intention to issue guidance on the applicability of “normal retirement age rules” to governmental retirement plans. In 2007, the IRS issued regulations on this topic, but state and local government organizations feared that they would jeopardize the tax-exempt status of public retirement plans.  Provisions […]

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Conferees Named for Transportation Bill

House and Senate leaders this week named their respective members of the House-Senate conference committee that will be charged with reconciling differences between competing versions of a reauthorization of federal highway and transit programs. The Senate approved a two-year bill (S 1813) last month that keeps transportation funding at current levels and includes some significant […]

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