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Pomeroy introduces legislation for pension funding relief

Published 02/05/2010, The Forum

The nation’s economy will take a big hit if employers don’t receive more time to fully fund their pension plans, Rep. Earl Pomeroy, D-N.D., said Thursday. “It’s imperative that Congress pass, immediately, pension fund relief for these defined-benefit pension plans,” said Pomeroy, who has introduced legislation that would provide such an extension.

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