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Bates & Company, Inc.
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Infrastructure Law Kicks Pension Funding Cans Down Newly Paved Roads
Principal Financial Group [Guidance Overview] Dec. 2, 2021 "ARPA allowed use of a 25-year average corporate bond rate multiplied by 95% through 2025.... Then, the 95% multiplier was to drop 5% annually until ultimately reaching 70% in 2030.... IIJA punts the ARPA schedule an additional half-decade down the asphalt. The 95% multiplier is now in effect through 2030, with the ultimate 70% multiplier not scheduled to arrive until 2035." |
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