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Large Payouts Strain North Carolina State Pension System
The [Raleigh NC] News & Observer 
June 16, 2010
Excerpt: North Carolina's $68 billion pension system is in better shape than most. But state Treasurer Janet Cowell, whose office administers the fund for state and local governments, has notified the agencies that they must soon come up with $440 million to rebuild the fund after investment losses.
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