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MAP-21 Gives Defined Benefit Plan Sponsors Welcome Funding Relief
Solutions Law Press Link to more items from this source
July 31, 2012

"Because employer funding obligations under these rules depend heavily upon interest and other investment performance used to calculate funding levels, employer funding obligations tend to spike during economic depressions or slowdowns, resulting in sharp increases in funding obligations for employers at a time when the tight economy already makes finances tight.... MAP-21 provides immediate defined benefit plan funding relief by changing how the interest rates that employers must use to calculate their current defined benefit plan funding obligations are calculated."

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