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Underfunded Pensions: Causes, Cures and Questions
Pension Research Council 
July 31, 2003 Excerpt: At the heart of the controversy lies the difference between the projected liabilities of corporate defined-benefit pension plans and the projected value of the assets that Fortune 500 and other businesses use to fund them.... [T]he Bush administration is staking its credibility on finding a solution to the crisis that impacts about 43 million workers and retirees in the $1.6 trillion pension funds business. MORE >> |
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