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Texas Retiree Healthcare's Unfunded Liability: $37 Billion
Austin American-Statesman 
Dec. 3, 2007
Excerpt: [Texas'] estimated bill for retiree health care is being tallied, and as expected, it's a whopper.... The estimates -- $19.1 billion from the Teacher Retirement System and $17.7 billion from the Employees Retirement System -- were disclosed this month in response to a national accounting standard on the long-term costs of public-sector retiree benefits.
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