Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Texas Bill Would Prevent New State Employees from Enrolling in Defined Benefit Pension Plan
Pensions & Investments Apr. 30, 2021 "The bill, passed 19-12 in the Texas Senate, closes the $30.9 billion Austin-based system's traditional defined benefit plan effective Sept. 1, 2022 and state workers hired as of that date would be enrolled in a cash balance plan. The bill was introduced in order to address the pension fund's unfunded liability of over $14.7 billion[.]" |
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