US - The proposed budget reconciliation bill, which will increase premiums paid by sponsors to the PBGC, are "contrary to the interests of plan participants and violate the mission of the PBGC" stipulated in ERISA, according to its committee.
In a letter to senator Mike Enzi (pictured), chairman of the senate health, education, labor, and pensions (HELP) committee, and senator Ted Kennedy, ERIC complained PBGC premium taxes are an inapp...
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