The bill is backed by the ARA, Nationwide Retirement Solutions, LPL Financial, State Street Global Advisors, the American Benefits Council and the ERISA Industry Committee (ERIC).
The estimate is based on a "highly unusual inflation jump," Mary Johnson of The Senior Citizens League says.
Due to the majority of the general workforce’s shift to remote work following the onset of the COVID-19 pandemic, the frequency of cyberattacks has dramatically increased by 600%.
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