The Pension Protection Act of 2006 contains a significant number of beneficial changes in regards to pensions and other qualified retirement plans, extending and makes permanent a number of provisions from the Economic Growth and Tax Reconciliation Act of 2001, and including many other significant changes, especially with regard to charitable giving and tax-exempt organizations.

Title I reforms the funding rules for single-employer defined benefit pension plans. Similarly, Title II provides for reform of the funding rules for multiemployer plans. Title III deals with changes to interest rate assumptions, and Title IV relates to PBGC guarantees and premiums. Title V contains required disclosures, including a defined planning funding notice, and termination information to plan participants.

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