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DB Sponsors Under the Gun to Fund Plans

January 21, 2010
Related Topics: Global Business Issues, Retirement/Pensions, Finance/Taxes, Featured Article, Compensation
The Pension Protection Act of 2006 requires defined-benefit plans to be fully funded by 2011. Because of the financial crisis, Congress eased the law’s original funding requirements in 2008. But each year, companies still need to meet specific funding levels until plans are 100 percent funded in 2011.
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