“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
