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Pension law bill would save millions
A Senate bill to simplify federal pension law reporting would save government and business nearly 4 billion dollars in 10 years. Senator Lawton Chiles says consolidating six reports into one will cut paperwork and spur private pension system involvement. The plan targets ERISA plans and favors small businesses by expanding representation and easing restrictions on investing in growth ventures.
MENTIONED IN THIS ARTICLE
Senate
U.S
Lawton Chiles
D-Fla
Chiles
Federal Paperwork Commission
Commission
Erisa Advisory Council