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IPFS News Link • Economy - Economics USA

U.S. agency safeguarding pensions loses $4 billion, seeks to reassure retirees

10-24-2008 • Reuters

The agency that insures corporate pensions has enough money to pay long-term benefits despite $4 billion in estimated investment losses and ongoing US economic turmoil, its director said. "The people who depend on us should not be concerned,

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Reported By Powell Gammill

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