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From ASPA: Enron Pension Reform Legislation Update
Brian Graff, Executive Director of American Society of Pension ActuariesLink to more items from this source
Mar. 13, 2002
Excerpt: [O]ur survey has made an impact. None of the major committee bills ... includes a time restriction on lockdowns. The Kennedy bill only provides that lockdown periods must be 'reasonable.' ... All of the bills require individual account plans to provide quarterly benefit statements. We have been successful persuading committee staff to limit this requirement to only plans that permit participants to direct the investment of their individual accounts.

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