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Senators 'Express Concern' to PBGC About Rejecting Certain Premium Filings (PDF)
Keightley & Ashner LLP in Bloomberg BNA Pension & Benefits Daily 
May 27, 2010 Excerpt: Defined benefit plan sponsors that intended to pay their 2009 plan premiums to the Pension Benefit Guaranty Corporation using an alternative method, but failed to check the correct box, are being unfairly penalized, four senators said in a letter sent to the agency ... 'As a result, plans are facing millions of dollars in additional premiums, as well as interest and penalties,' the letter said. [Click on the title under 'Items of Interest' on the target page.] MORE >> |
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