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Congress Undermines More Retirement Plans with Union Pension Rules
Aharon Friedman in Washington Examiner
[Opinion] Mar. 11, 2021 "The budget bill adopts [a] flawed multiemployer-like approach, completely and permanently divorcing the measurement of pension promises from reality by instituting a 5% floor on discount rates, which is ten times the most recent rate for shorter term bonds, 0.50%.... Participants in troubled plans will be hurt the most." MORE >> |
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