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New York City District Council of Carpenters Benefit Funds
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Defined Contribution Account Manager Nova 401(k) Associates
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Text of ERIC Letter to Conference Committee Urging Deletion of Cash Balance/Hybrid Amendment (PDF)
The ERISA Industry Committee [ERIC] 
Nov. 7, 2003
2 pages. Excerpt: [T]he Sanders and Harkin amendments to H.R. 2989 do not focus on the issues that Members of Congress may have heard of regarding conversions of traditional pension plans to hybrid-plan designs. Instead both would endanger the basic design of a hybrid plan-- a design that has proved highly popular among millions of employees and that delivers meaningful and secure benefits to those employees whether they work for an employer for a few years or an entire career.
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