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The New Jersey Teachers' Pension Real Shortfall
NJ.com 
[Opinion] Mar. 9, 2008
Excerpt: All that is wrong with politicians overseeing a defined benefit arrangement for state employees comes across with the report that the Teachers Pension Plan has a purported $11.5 billion underfunding (3/7/08 Dunston McNichol article) and the governor only wants to fund $663 million this year when the actuaries tell him it should be $1.4 billion.
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