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Big Jump Expected in Pension Funding Obligations
Pensions & Investments Link to more items from this source
Apr. 27, 2020

"Funding obligations for U.S. corporate defined benefit plans are likely to increase by more than 98% in 2021 compared with 2020 ... The study said if the original version of the [CARES] Act introduced by the U.S. House of Representatives had been passed, the 703 companies would have saved more than $12 billion in 2021.... The version of the CARES Act signed by President Donald Trump on March 27 included only a contribution holiday for corporations, allowing them to defer their minimum required contributions for 2020 until next year."

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