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Employers' Coalition Letter to Senate Conferees on Pension Interest Rate Reform
The ERISA Industry Committee [ERIC]
Feb. 27, 2004
Excerpt: ERIC and other major business groups stepped up its efforts to secure legislation that would fix the defunct 30-year Treasury bond interest rate with a composite corporate rate. The business groups sent a letter February 24 to Senate conferees urging them to support an expedited conference with the House to draft compromise legislation to replace the defunct 30-year Treasury bond interest rate.
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