Millions of Americans rely on income from employer pension plans during retirement, and managers of pension plans have a duty to prudently manage their portfolios in order to meet their long-term obligations to employees and retirees.
Grimm emphasizes the importance of pension plan management for retirees' income.
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I think that there is a lot of commonality on both sides where we can come together to find common ground.
I just hope that the FSOC is looking at that and that there certainly would be adverse effects, and I wish they would certainly consider that.
When someone is on life support, when basically they have a gun to their head, they are going to say whatever you need them to say.
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