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Pension Bill Irks Experts: No Bonds Without Federal Oversight
The Bond Buyer and SourceMedia Inc. 
Feb. 14, 2011 The bill ... would require state and local governments to submit annual reports to the Treasury Department disclosing detailed information about their pension plans, including unfunded liabilities determined on the basis of a Treasury rate, rather than the more commonly used rate of return on investments, which is higher. MORE >> |
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