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American Benefits Council Proposal Would Free DB Surplus Assets
Mercer
Apr. 2, 2025 "A proposal from the American Benefits Council (ABC) would give defined benefit (DB) plan sponsors two new options for using 'trapped' surplus plan assets to provide other benefits.... Some congressional Republicans are interested in the proposal to help pay for a party-line budget reconciliation bill aimed at passing much of their agenda this year, but the outlook is unclear. A number of employers are actively advocating for this change, which could improve its chances in a GOP budget bill or another measure." MORE >> |
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