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Summary of Bush Administration's Pension Funding Proposals (PDF)
The ERISA Industry Committee [ERIC] 
Oct. 5, 2004
1 page. Excerpt: [I]t is clear that the Bush Administration is committed to proposing a corporate bond yield curve as the mandated discount rate for pension funding purposes. Administration teams have been working with bond experts to construct a corporate bond yield curve that they believe would be appropriate for pension funding purposes. This yield curve may apply for all minimum contribution rules (i.e., not solely for the 'current liability' funding rules first enacted in 1987).
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