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Taxpayers Face $1.7 Billion Bill As Nuclear Lab Pensions Soar
The Washington Post; subscription may be required
June 14, 2011
The [Department of Energy] has 'limited influence' over its contractors' pension plans yet 'ultimately bears the investment risk incurred by the contractor sponsoring the plan,' according to a GAO report released May 31. A combination of market declines and low interest rates has raised pension costs, the report said.
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