Kent Mason Featured in Pensions & Investments Article on Legislative Proposals on the use of Pension Surpluses to be Included in Senate Tax Bill
- Published Date: June 20, 2025
- Written By: Davis & Harman
Davis & Harman Partner, Kent Mason, was featured in a Pensions & Investments article titled, “American Benefits Council pushes Senate to include ‘pro-worker’ proposals in tax bill.”
In the article, Pensions & Investments details a letter, sent by the American Benefits Council, to Senator Mike Crapo (R-ID), Chairman of the Senate Finance Committee, offering support for legislative proposals to allow employers to use surplus pension plan assets and retiree health accounts to fund other employee benefits, such as employer contributions to 401(k) accounts and active employee health benefits. The American Benefits Council estimates that pension plans hold more than $100 billion in surplus assets, thanks to rising interest rates and improved funding ratios.
Mason is quoted saying:
“[Current law] leaves billions of untouchable retiree health surplus dollars to waste in retiree health accounts, to the detriment of active workers’ health benefits, taxpayers and the economy.”
A link to the full article can be found here.
