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Pension Funding's 7-Year Itch
The Principal Blog 
June 1, 2018 "What the [Pension Protection Act (PPA)] actually said was that the original funding shortfall of 2008 would be amortized over seven years as part of the annual funding requirement.... The 2012 credit base that has reduced contributions for many through 2018 will drop out of the 2019 calculation, resulting in a higher contribution requirement even if the funding shortfall doesn't increase next year." MORE >> |
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