A U.S. Treasury Department advisory committee is wonderingwhether the department could come up with new types of financialinstruments that could help pension managers do a better job ofhandling plan obligations.
Thoughts about the idea of the Treasury Department developingnew, pension-friendly products appear in the minutes of a recentmeeting of the Treasury Borrowing Advisory Committee of theSecurities Industry and Financial Markets Association (SIFMA),New York.
Committee members presented a talk about the funding problemsthat have been facing public and private defined benefit pensionplans.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
