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During floor debate on the omnibus pension bill on May 5, state Sen. David Hann, R-Eden Prairie, offered an amendment that proposed to stop offering new employees defined benefit pensions and instead offer to a more market-based form of retirement savings known as defined contribution plans.

Pensions: Can the center hold?

During floor debate on the omnibus pension bill on May 5, state Sen. David Hann, R-Eden Prairie, offered an amendment that proposed to stop offering new employees defined benefit pensions and instead offer to a more market-based form of retirement savings known as defined contribution plans.

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