Letter to Senate Finance Committee on Hybrid Defined Benefit Plans (PDF)

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Letter to Senate Finance Committee on Hybrid Defined Benefit Plans (PDF)
HR Policy Association

[Opinion]
Aug. 1, 2005

2 pages. Excerpt: With respect to hybrid reform, we are concerned about the potential that the committee may take a prospective only approach. Currently, there are 1,500 hybrid plans providing benefits to over eight million employees. Failure to clarify the status of these plans risks placing the plans -- and the benefits for employees they cover – in legal jeopardy.

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