Transcript of testimony as presented at public hearing regarding lifetime income options for participants and beneficiaries in retirement plans

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By Tamara Burden | 15 September 2010

Milliman consultant Tamara Burden testifies before the Department of Labor about how best to provide U.S. workers with access and encouragement to purchase cost-effective lifetime retirement income. In her testimony, she discusses extending the fiduciary safe harbor to stand-alone living benefit products.