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US-backed pension fund gets 3-year reprieve, Arkansans still receive benefits

OCTOBER 28, 2015 | by Wesley Brown | TALK BUSINESS & POLITICS (ARKANSAS)

According to recent PBGC projections at the end of September, the risk of program’s pending doom has decreased over the near term due primarily to the new premium revenues anticipated under the Multi-employer Pension Reform Act of 2014 (MPRA), a controversial rescue plan enacted by Congress that allows some of the nation’s largest pension funds to cut back on retirement benefits.

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