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Revisions Considered for Valuations of Public Pension Fund Payouts
The Washington Post; subscription may be required 
Sept. 5, 2008
Excerpt: The leading U.S. association of actuaries is considering a change to the way state and local officials value the cost of their pension promises, which could force governments to dramatically raise their contributions to their retirement plans. The American Academy of Actuaries heard testimony yesterday on whether to revise accounting methods used by public pension funds that determine how much money they must invest now to meet their payments to workers in the future.
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