The passage last year of the Moving Ahead for Progress in the 21st Century Act was in part aimed at helping corporate pension plans meet their funding requirements.

To a point, it has, but the legislation may not have done much to slow the demise of traditional pension plans. 

MAP-21 was actually a highway bill that contained a little-publicized provision that allows companies to set their pension plan contributions using a rate based on high-quality bond yields averaged over 25 years. Before MAP-21, the rule was two years using current rates.

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