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Maine State Retirement System Will Need Less State Money in Next Budget
Bangor Daily News 
June 19, 2012 "State retirement system officials have told the Legislature ... they will need from $70 million to $80 million less than expected to meet pension obligations in the next two-year budget that begins July 1. Improvements in the stock market raised the value of the pension system's investments, while changes made to the system by the Legislature have reduced pension costs." MORE >> |
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