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Key GOP House Members Introduce Legislation to Regulate Public Pensions, Impose MVL Reporting
National Council on Teacher Retirement Link to more items from this source
Dec. 12, 2010
Excerpt: The sponsors say the legislation is needed because the debt reported by public pensions fails to convey the true size of the debt confronting taxpayers because public pensions are able to calculate their liabilities using 'unreasonably high discount rates' and to 'distort fair market value of assets in order to hide debt.'

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