US lawmakers seek data on pensions at 36 companies


WASHINGTON, June 23 (Reuters) - The U.S. Senate Finance Committee said on Thursday it had asked 36 companies to provide detailed information about their retirement plans, saying it was uncovering widespread underfunding of such plans. Committee Chairman Charles Grassley, an Iowa Republican, and Sen. Max Baucus, the top Democrat on the panel, would not name the companies, but said they were identified as having the nation's most significantly underfunded pension plans. "I've been shocked ...

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