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Business Roundtable
Business Roundtable Statement on President Bush Signing the Worker, Retiree, and Employer Recovery Act of 2008
January 10th, 2009
“Business Roundtable commends Congress and the Administration for enacting into law the Worker, Retiree, and Employer Recovery Act of 2008. The new law will provide needed relief to American workers and companies trying to manage through the current recession. By increasing flexibility for employers in meeting pension plan funding requirements, Congress has taken the first step toward helping companies maintain payrolls and make the business investments necessary to preserve jobs, and ultimately spur America’s economic recovery. This legislation will help employers respond to the two-fold challenge of a sudden, unexpected decline in the markets and a...
Source: Law & Health Weekly (2009-01-10)
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