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Cash Balance Plans in the New Millennium (PDF)
Jones Day
Aug. 7, 2007
6 pages. Excerpt: Although the PPA is of great help to employers who plan to convert their defined-benefit plans to cash balance plans in the future, the law remains unchanged and unsettled for most cash balance plans. It is estimated that one-half of all U.S. defined-benefit pension plans are cash balance plans that converted before the PPA and remain subject to the old rules.
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