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Pension Insurer Limits Seen to Sabotage Plans' Economic Recovery
Bloomberg LawLink to more items from this source
[Opinion]
Aug. 24, 2021

"[M]any unions and industry representatives, in more than 100 comment letters on the interim final rule, are decrying strict investment limits and disparate interest projections the PBGC set on the money plans will receive as part of the American Rescue Plan that Congress passed earlier this year. Unless those change, they say, money that was supposed to last 30 years could dry up much sooner."

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