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Remarks of Sen. Daniel Patrick Moynihan on introducing the Pension Reduction Disclosure Act of 1999
Congressional Record 
Oct. 8, 1999 "This is the second bill I have sponsored this session aimed at achieving transparency of the effects of traditional pension plan conversions to 'cash balance' plans, which have become extremely controversial in recent months. At least 300 large U.S. companies have converted to cash balance plans in the last few years." MORE >> |
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