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The Failure of COPA - College of Pension Actuaries
NJ.com 
[Opinion] Aug. 20, 2008 Excerpt: There is a pension tsunami about to destroy retirement as we know it in this country and it's coming from four main fronts: 1) The 401(k) is not a pension plan.... 2) People will live longer .... 3) Multiemployer (union sponsored) plans are about to all go bankrupt simultaneously. 4) Government plans are not subject to ERISA[.] MORE >> |
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