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Bush Signs YMCA Pension Bill
MercerLink to more items from this source
Dec. 23, 2004
Excerpt: President Bush has signed a bill (HR 5365) to treat any retirement plan maintained by the YMCA Retirement Fund as of January 1, 2003, as a church plan under Internal Revenue Code provisions relating to tax-exempt pension and other employee benefit plans. The bill would allow YMCA plans to continue to operate much as they have since 1922, despite the fact that the YMCA is not limited to one church or religious denomination.

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