Financial Services Industry
Industry: Email Alert RSS FeedKEYS TO SURVIVAL.
Pensions & Investments, June, 1999 by Barreto, Susan
The only item GTE's T. Britton Harris would include in his Y2K pension survival kit: Ear plugs. This may be the guarantee of sanity during the date change and the only way to ignore people's doomsday scenarios, said the president of GTE Investment Management Corp., which oversees $28 billion in retirement assets for GTE Corp.
Other items pension survivalists might want to keep on hand include a set of printed checks made out to retirees, gold and possibly a good set of snow boots. The key to a happy new year for pension executives might lie in how many retirees receive benefit checks. At the New York City Retirement System, Harris Lirtzman, director of risk oversight, expects one or two payroll cycles' worth of checks will be printed out just in...
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