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3/9/2004:
Chart: 30-Year Treasury Rate v. ERIC Composite Corporate Rate
(ERISA Industry Committee)
Excerpt: H.R. 3108 (The Pension Funding Equity Act), currently before Congress, includes a composite corporate bond rate to replace the defunct 30 year Treasury rate for purposes of calculating pension liabilities.... The following chart compares the current rate of the 30-year Treasury rate with a composite corporate rate consisting of the aforementioned bonds.
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