Geithner supports "targeted" funding relief

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US - Treasury Secretary Timothy Geithner showed support for pension funding relief at a House Ways and Means Committee hearing yesterday. The news comes as Mercer reports a 400% increase in company contributions for 2010.

Responding to a statement by congressman Earl Pomeroy urging the need to help companies deal with their pension deficits, Geithner said: "Congressman, I think you're right. We think there's a good ...

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