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Senate HELP Committee Looks at Multiple-Employer Plans
Institutional Investor Link to more items from this source
Nov. 12, 2015

"[T]he U.S. Senate Committee on Health, Education, Labor and Pensions (HELP) hosted a hearing October 28 on retirement plan options for small employers.... Despite the diversity among the four pension and retirement industry leaders giving testimony, all four agreed that multiple-employer plans (MEP) have the potential to be an effective means to deliver retirement savings benefits, both for small employers and their employees. MEPs would mitigate the top small-employer objections -- cost, administrative burden and fiduciary concerns -- that surfaced in a poll of 850 small employers conducted [earlier] this year."

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