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Written Statement of AARP at Recent Hearing on Funding of DB Plans (PDF)
AARP 
May 2, 2003
Excerpt: At a a minimum, Congress should retain an interest rate for determining single-sum benefit amounts that is consistent with the historical level of the 30-year Treasury rate.... In addition, to the extent that legislation prescribes any new single-sum interest rate benchmark ... fundamental fairness to employees dictates that any such change be phased in very gradually.
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