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Pension Troubles Possibly Ahead for Baby Boomers Employed by State and Local Governments
Politico Link to more items from this source
[Opinion]
Aug. 17, 2012

"[M]any states and local governments have now taken action. Between 2009 and 2011, 43 states trimmed pension benefits, increased employee contributions or both, according to the National Conference of State Legislatures. But a major mystery remains: How much more must be done to bridge the chasm between what these governments owe and the assets they have set aside to make pension benefit payments?"

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