
“The latest is a new government regulation that was snuck into a transportation bill, Moving Ahead for Progress in the 21st Century, aka, MAP-21. Some progress, the bill requires corporations to calculate payments into pensions based on a 25-year average on interest rates, instead of current rates. In other words, with current low rates, corporations in reality need to make larger contributions to meet pension fund growth goals. But according to new government regulations, corporations now need to calculate pension fund payments based on an interest rate earned on pension assets that can’t possibly be earned.”
http://www.economicpolicyjournal.com/2013/05/governments-new-regulation-that-will.html
Related posts:
A Family’s Race to Cure a Daughter’s Genetic Disease
Military Brass Required to Fire on American Citizens? Dr. Jim Garrow Answers Your Questions
A Year Later, A Veteran Still Sits In Jail, Denied Bail For Leaking Now-Public Docs
Auto Lenders Taking More Risks: Longer-Term, Higher Balances, Lower Quality
Florida Woman Furious After SWAT Team Orders Her Out of Her Home
War on Terror's Economic and Mortality Costs Have Yet to Be Tallied
Canada will tax your bitcoins
Dubai Will Issue First Ever State Cryptocurrency
The Rush to Bitcoin ASICs: Ravi Iyengar launches CoinTerra
Bankster-Treasury Revolving Door
"Active Shooter" training session, featuring DHS, FEMA, concerns TCC students
How You Can Distinguish Fake News from Real News
Honesty is Not a Job Requirement for Police Officers
Obama Top Adviser Robert Gibbs Justifies Murder of 16 Year Old
US to criminalize undeclared cash, bitcoin, gift cards, prepaid phones