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Compass
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House Committee Signals Intent to Revamp Retirement Landscape
The ERISA Industry Committee [ERIC] Oct. 14, 2008 Excerpt: Using the current financial crisis as a starting point, the House Education and Labor Committee expressed concern over the retirement assets of American workers at an October 7 hearing.... While the intent of the hearing was to examine the effect of the financial crisis on retirement savings, the hearing ranged far afield as witnesses and Members called for significant reforms that would fundamentally change the vehicles in which employees can save for retirement. |
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