Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Pension Interest Rate Stabilization, PBGC Premium Increases in New Law
Milliman July 9, 2012
"For many single-employer pension plan sponsors, MAP-21 will sharply reduce required contributions for plan years beginning in 2012. Plan sponsors intending to minimize current contributions should work closely with their actuaries as future years' contributions can be expected to increase significantly as the effect of the corridor wears off. The new law also is expected to significantly raise a plan's funded ratio in 2012 and allow many plans to avoid various restrictions on benefits[.]"
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