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| Testimony before a 3/1/05 Hearing of the U.S. Senate Finance Committee on America's Pension System (PDF) The Business Roundtable et al. via The ERISA Industry Committee  [Opinion] Mar. 1, 2005 Excerpt: The best way to protect pensions for future retirees and working Americans is for Congress to enact permanent rules that lead to a fair and stable system. The unexpected termination of the 30-year Treasury bond in 2001, and the subsequent temporary fixes to the interest rate used for pension calculations have made it impossible for employers to project future pension contributions. |
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