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MassMutual Prepares PPA Education Program

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Massachusetts Mutual Life Insurance Company says it is getting ready to help retirement plan sponsors decipher the new Pension Protection Act.

MassMutual, Springfield, Mass., already is holding Web-based PPA seminars, and it also has developed a free PPA summary booklets that describes MassMutual PPA compliance support services, the company says.

MassMutual also is developing PPA papers that will help employers analyze the new automatic retirement plan enrollment option and possible alternatives to freezing defined benefit plans, the company says.