TIMELINE

5/8/99

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Table of Contents

Administrative & Political Feasibility

Social and Economic Impacts

Effect on Trust Fund

Analysis of Actuarial Projections

Alternative Methods of Projections

#2 - Eliminate the Maximum Taxable Limit

Feasibility and Political Considerations

#3 - Earnings Test and LFP

#4 - Company and Employee Incentives

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Author: Matthew M. Maletestinic