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Lingering Headaches Await Savings Plan's New Board Members
[FINAL Edition]
The Washington Post - Washington, D.C.
Subjects: Political appointments; Retirement plans; Federal employees
Author: Barr, Stephen
Date: Nov 22, 2002
Start Page: B.02
Section: METRO

The three -- Andrew M. Saul and Gordon J. Whiting, both of New York, and Alejandro M. Sanchez of Florida -- are taking control of the five-member Federal Retirement Thrift Investment Board at a troublesome time. They will be faced with bringing on line a much- delayed record-keeping system for the TSP, resolving litigation over a contract to develop that system and formulating long-term policy for the 401(k)-style program.

Whiting and Sanchez said they would work to ensure that interagency conflicts are avoided or quickly resolved. Often, Whiting said, confusion exists when government agencies do not speak with one voice on controversial matters.

In responses to written questions from the Senate Governmental Affairs Committee, Saul said he was recommended for a board position by New York Gov. George E. Pataki, a Republican. Material submitted to the committee shows that Saul has contributed to numerous Republican candidates and served on the National Republican Senatorial Committee.

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