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Pension Relief Bill Passed by Congress (PDF)
Buck
[Guidance Overview] Dec. 16, 2008 Excerpt: Congress has passed the Worker, Retiree, and Employer Recovery Act of 2008 (H.R. 7327), which President Bush is expected to sign into law shortly. The bill provides long awaited technical corrections to the Pension Protection Act of 2006 (PPA) along with limited defined benefit plan funding relief for plan sponsors due to the economic downturn.This For Your Information describes the provisions of the bill and discusses issues arising from these changes. MORE >> |
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