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R.I. Public Employee Unions Say Changes to State's Pension System Have Saved Half a Billion Dollars
St. Petersburg Times Sept. 26, 2011 In summary, the union video accurately describes changes to the state pension plan which are projected to save the state more than a half-billion dollars over the lifetime of the beneficiaries. But the claim that the money has been 'saved' misconstrues a projected savings as an actual savings. In reality, the total savings wouldn't be realized for decades. |
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