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IPFS News Link • Economy - Economics USA

Senate keeps taxpayers covering pensions

8-4-2006 • AP

In order to make a dent in underfunding now estimated at $450 billion, the bill requires plans to be 100 percent funded, up from the current 90 percent level, giving companies seven years to reach that goal.

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Reported By Powell Gammill

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Senate keeps taxpayers covering pensions

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