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6fflJjL WednesdayJune 221994
Berg Hon Olena Assistant Secretary of Labor for Pension
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108 loan guarantee affordable housing AFL-CIO Housing Investment asset allocation beneficiaries California Public Employees CalPERS collateral benefits Community Investment Demonstration competitive Congressman Saxton Corporation Coyle Crist economic development economically targeted investments Employees Retirement System equity ERISA ETI investment ETI policy examples Fannie Mae federal financing fund managers going Housing Investment Trust income infrastructure initiative interest interpretive bulletin investment decisions Investment in ETIs investment managers job creation Joint Economic Committee leverage long-term Louis Carpenters MacArthur Foundation Madam Chair ment million mortgages nation's Niskanen nity nomic Olena Berg partnerships pension fund investment pension plans percent plan participants portfolio PREPARED STATEMENT private pension funds private sector profitable public employee pension Public Employees Retirement rate of return real estate Representative Saxton responsibility risk Secretary Reich securitization Senator Boxer social investing sticky fingers subsidies talking testimony Thank tion trillion vestment William Niskanen