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Obama signs law easing pension contributions for U S firms
The new law lets U S companies contribute billions less to workers pension funds, aiming to curb unfunded obligations while risking weaker retirement protections. Critics say the measure shifts costs to unions and retirees as firms face economic pressures and many have already frozen plans.
MENTIONED IN THIS ARTICLE
Washington, D.C
Congress
Barack Obama
White House
Karen Feldman
Afl-Cio
Labor Federation
AARP
Debbie Chalfie