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Fix for Government Pension Plans May Take Time, But Time Has Run Out
State Budget Solutions 
[Opinion] Nov. 1, 2012
"One huge problem is the change only fixes future costs while leaving taxpayers on the hook for pension debt -- estimated at about $1 trillion three years ago to $5 trillion now ... When the 'contributions' governments force from workers and taxpayers cease, the existing debt just gets bigger because many pension funds imprudently use them to pay current benefits instead of investing to pay future benefits as universally required by annuity standards."
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