Provisions in the Pension Protection Act of 2006 affectingmultiemployer plans that are set to expire atthe end of this year are one step closer to being extended through2015.

This week, the U.S. House of Representatives passed the TaxIncrease Prevention Act of 2014, which extends more than 50business and individual tax breaks scheduled to expire.

Among them are extenders relating to most severely underfundedmultiemployer defined benefit pension plans, which were established in the2006 legislation.

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.