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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 Link to more items from this source
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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