Economic Report of the President Characterizes Pension Investment Policies as 'Hazardous'

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Economic Report of the President Characterizes Pension Investment Policies as 'Hazardous'
Blogging Employee Benefits

Feb. 27, 2006

Excerpt: [T]he Administration wants defined benefit pension plans to dump their stock portfolios - amounting to about $1 trillion for private pension plans, plus hundreds of billions more held by public pension plans - in favor of duration-matched fixed income portfolios.

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