Presidential Scholars Theses (1990 – 2006)


Open Access Presidential Scholars Thesis

First Advisor

John Cross


Multiemployer pension plans--Computer programs; Pension trusts--Termination--Computer programs;


This project helps to demonstrate how pension actuaries must keep a constant eye on new laws. The pension industry is constantly bombarded with new laws which force them to alter policies and procedures. Because of the huge number of laws, it is difficult for all employees to fully understand every law. During my stay at the Principal, I discovered that many passages are interpreted differently by different people. I also uncovered some details through my research that other employees were not aware of.

Because of this complexity, it is often necessary to assign to one person, such as myself, the job of understanding and becoming an "expert" on the law. Hence, these laws obviously result in an increased expense for insurance companies, and because of their complexity, an increased confusion on the part of their clients.

I feel that the passage of MPPAA was a very necessary and overdue addition to ERISA. Before its passage, employers of multiemployer plans could withdraw without assuming responsibility for the benefits promised to their employees. Also, the provisions for accelerated funding of plans in financial distress has resulted in more financially stable plans. Although many people may complain about the increased paperwork and research involved in the passage of MPPAA, the bottom line is that it helps to protect the "little people" which is very necessary in today's world of large corporations.

Date of Award



Department of Computer Science

Presidential Scholar Designation

A paper submitted in partial fulfillment of the requirements for the designation Presidential Scholar


If you are the rightful copyright holder of this Presidential Scholars thesis and wish to have it removed from the Open Access Collection, please submit an email request to Include your name and clearly identify the thesis by full title and author as shown on the work.

Date Original


Object Description

1 PDF file (24 pages)

Date Digital



©1991 Kelly A. Renze





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