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On Jan. 16, 2008, FEI's Committee on Benefits Finance signed onto a letter to Congressional Leadership jointly with other trade associations. The letter thanked members of Congress for passing the The Worker, Retiree, and Employer Recovery Act of 2008, as it provided needed technical corrections. However, due to concerns over the continued viability of defined benefit pension plans the letter strongly urges Congress to adopt follow-up, temporary provisions that will ease cash flow constraints and make contributions more predictable and manageable in 2009 and 2010.
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