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CBO Director's Blog on April 24 Letter Issued on Pension Benefit Guaranty Corporation
U.S. Congressional Budget Office [CBO]
[Opinion] Apr. 25, 2008
Excerpt: CBO issued a letter today reviewing a new investment policy recently adopted by the Pension Benefit Guaranty Corporation (PBGC). As part of its analysis, CBO reviewed the assumptions underlying PBGC's decision and assessed the revised policy's potential for affecting the corporation's ability to meet its obligation to retirees and for increasing costs to taxpayers.
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