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Colorado Public Pension Plan Has Huge Funding Gap: Digging Out Will Be Hard
The Denver Post 
July 27, 2005 Excerpt: Hauling the state's largest public pension plan out of a current $12.8 billion hole will require either a long-lived bull market or some hard choices to cover the funding gap, officials said Tuesday. Funding the state's retirement plans is 'one of the most important issues the General Assembly faces from a financial perspective,' state auditor Joanne Hill told a legislative committee. MORE >> |
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