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UPS Investment Trust - What's the ALM State?
UPS pension is actually a series, it's three pensions that are grouped together under a trust. The total ALM is about 50 billion of assets now. It's one management plan and two union plans. Just recently, they've completely bifurcated in terms of what their goals and objectives are. That's where we're really loading up on the fixed income because we don't need to generate returns for service costs,.