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Denver Public Schools Tweak May Fully Fund Its Pension Plan
The Denver Post 
Apr. 16, 2008 Excerpt: Denver Public Schools is preparing a deal next week to refinance its debt and fully fund its retirement pension. A fully funded pension could put Denver in position to merge with the state's larger retirement plan, thus removing an employment obstacle for many teachers. Depending on market conditions, DPS plans to sell $700 million in certificate-of-participation bonds and use 17 school buildings as collateral. MORE >> |
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