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DB Plan Lump-Sum Payouts Move Into Fast Lane
Pensions & Investments
Oct. 15, 2012 "The increase in lump-sum payment offers to vested participants in defined benefit plans comes after this summer's highway law allowed more plan sponsors to offer lump-sum payouts than were permitted under the Pension Protection Act. It also included future hikes in premiums.... Employers see cutting the number of participants results paying less in premiums." MORE >> |
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