Senate Passes Cooperative and Small Employer Charity Pension Flexibility Act

The Cooperative and Small Employer Charity Pension Flexibility Act, which the U.S. Senate passed unanimously, exempts coops from regulation under the Pension Protection Act of 2006.  The Act is now headed to the House of Representatives.  The National Rural Electric Cooperative Association and interested coops have supported this legislation.  See Electric Co-op Today for the full story.

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