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Senate Finance Committee Considering Legislation Harmful to Pension Security (PDF)
National Retiree Legislative Network
[Opinion] June 23, 2008 5 pages. Excerpt: I am writing [to express] grave concerns over the consideration that the Senate Finance Committee is giving to modifying Section 420 of the IRS Code to allow the transfer of defined benefit pension plan funds to 401(h) healthcare accounts to pay for the healthcare benefits for active employees. This action under consideration would have devastating consequences to the future pension security of 44 million active and retired workers who have earned a defined benefit pension. MORE >> |
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