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Lawmakers join businesses to call for pension relief

Legislation is "imperative" to protect economic recovery.

By Danielle Andrus | Updated on February 10, 2010

Congressman Earl Pomeroy is joining business leaders, including the American Benefits Council and the National Federation of Nurses, to call for temporary pension funding relief. In a telephonic press conference call last week, Pomeroy said it was imperative for Congress to pass such legislation.

“If left unaddressed, the issue of pension funding could throw a roadblock into our economic recovery,” the North Dakota Democrat said. “Pension funding relief would provide employers more cash on hand to save and create jobs and to inject into the economy, while giving workers enhanced job security and strengthened pension plans over the long-term.”

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