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Snow to Boehner: Treasury's Hands Seem Tied on Whipsaw Problem; Legislation Might Be Solution (PDF)
Secretary of the Treasury via ERISA Industry Committee
Dec. 19, 2003
2 pages. Excerpt: In light of these [three recent circuit court of appeals] cases, we are determining whether the proper approach should be to propose legislation which would change the statute specifically to permit plan sponsors to provide a higher interest rate on participants' cash balance accounts.
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