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Bill to Let Multiemployer Pensions Cut Benefits Passes
Society for Human Resource Management [SHRM] Dec. 14, 2014
"Severely distressed multiemployer pensions will be able to reduce benefits paid to retirees under an amendment to the omnibus spending bill approved by the U.S. Senate on Dec. 13, two days after House passage. The bill now goes to the White House for an expected presidential signature."
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