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Schumer Bill Eases ERISA Rules For Ruined Pensions

By Elaine Meyer (February 10, 2010, 1:25 PM EST) -- Sen. Charles Schumer, D-N.Y., has introduced a bill to ease rules in the Employee Retirement Income Security Act and the federal tax code to give pension plans more time to amortize losses they've incurred from the Madoff Ponzi scheme....

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