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Testimony of Ron Gebhardtsbauer at Hearing on PBGC Reform: Mending the Pension Safety Net (PDF)
American Academy of ActuariesLink to more items from this source
[Opinion]
Apr. 27, 2005

8 pages. Excerpt: The administration's recent proposal reflects many of the funding reform principles discussed in our paper, Pension Funding Reform for Single Employer Plans; namely: solvency, predictability, transparency, incentives for funding, flexibility, avoidance of moral hazards, and simplicity. In particular, their proposed use of one funding rule and one amortization period improves transparency and simplicity.

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