PENSION REFORM PROVISIONS SURVIVE TAX BILL NEGOTIATIONS

Just prior to its week-long Memorial Day recess, the 107th Congress passed
a $1.35 trillion tax relief bill that includes important new IRA expansion,
pension reform and educational savings incentives supported by IEEE-USA and
other major engineering and scientific societies. Passage of the Economic
Growth and Tax Reconciliation Act of 2001 is seen as a significant victory
because IEEE-USA had been fighting for many of these provisions for the
past 15 years. For specifics on how the tax bill's provisions will affect
you and your savings, visit the IEEE-USA Legislative Action Center at:
http://capwiz.com/ieee/issues/alert/?alertid=27619&type=CO&azip=.