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CIEBA Letter to Congressional Leadership Requesting Action on Pension Funding Stabilization (PDF)
The Committee on Investment of Employee Benefit Assets [CIEBA]
[Opinion] May 1, 2020 "While we applaud the swift action that Congress took in response to the pandemic under the CARES Act to provide a slightly delayed due date for pension contributions and the action taken recently by the [PBGC] to extend deadlines for upcoming PBGC premium payments, additional Congressional action is urgently needed ... to extend the current funding stabilization rules to provide more consistent and reasonable minimum required pension contribution obligations for single-employer plans." |
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