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House OKs Pension Funding Relief, Sends Bill to President
Business Insurance; free registration required June 25, 2010
Excerpt: The measure would give employers temporary alternatives to the basic requirement??'embedded in a 2006 law??'that requires employers to amortize pension funding shortfalls over seven years. Under one alternative, employers could amortize funding shortfalls over 15 years for any two plan years between 2008 and 2011.
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