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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (44285)10/26/2005 2:58:25 PM
From: ild  Read Replies (1) | Respond to of 110194
 
The House plan also establishes employer-paid termination premiums of $1,250 per plan participant for companies that have gone through bankruptcy reorganization and terminated their pension plans, foisting their pension obligations on the PBGC.

The premiums would be paid for three consecutive years after a company emerges from bankruptcy protection.



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