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Law May Block Pension Fund Distributions - Some Can Only Receive 50 Percent, or Nothing
Seacoast Media Group 
Nov. 13, 2008 Excerpt: Due to the loss in the market, a new pension law called Adjusted Funding Target Attainment Percentage may be preventing pension distributions to retirees and those who need their pension to pay bills. The new restrictions, which became effective in 2008, were enacted as part of The Pension Protection Act of 2006. MORE >> |
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