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State Pension Plan Debt: Ticking Time Bomb or Myth?
CalPensions Link to more items from this source
Oct. 22, 2012
"A new study of the 100 largest U.S. public pension funds shows CalSTRS reports a below-average funding level and the CalPERS funding level is a wobbler -- higher than average if its assets are radically 'smoothed,' much lower if assets are at market value."

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