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Pension Lobbying Group Warns Congress of Consequences of Inaction on Funding Issue
Workforce Management 
Dec. 10, 2008
Excerpt: Most employers will have to 'sharply reduce their work forces, freeze plans, and curtail other benefits such as 401(k) contributions, as well as other business spending' if federal lawmakers fail to approve legislation to ease pension funding requirements this year, according to a letter sent Monday, December 8, by the ERISA Industry Committee to all members of Congress.
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