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PBGC Will Develop New Investment Policy
Workforce Management
July 31, 2009
Excerpt: The Pension Benefit Guaranty Corp. plans to create a new investment policy to replace the one adopted during the Bush administration, PBGC spokesman Jeffrey Speicher said. Speicher declined to speculate on what the new policy would be or when it would be announced. 'We await the board's decision on how our assets will be allocated in the future,' Speicher said in an interview.
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