Friday, March 30, 2007

Part 2: You want to use MY money ... ???

For those of you with a Tribune defined benefit pension plan and concerned that the assets can be used to fund an ESOP purchase (or anything else for that matter), we're told that the upper-end limit of investment a pension plan can make is ten percent of the pension holdings. So given the priority plan Trustees assign to diversification and modest risk, it would be unusual for Trustees to approach that limit.

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