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On June 6, 2011, FEI’s Committee on Benefits Finance joined nearly a dozen organizations, representing employers who voluntarily provide retirement benefits to millions of Americans, in sending a letter to Congress. The letter expresses concerns with proposals to increase Pension Benefit Guaranty Corporation (PBGC) premiums as part of the current budget discussions because of the impact this would have on the private sector defined benefit pension system as well as the cost burdens placed on companies.
[print version]
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