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Providence, Rhode Island, Says It's Getting Bucked
Burypensions Blog
[Opinion] Feb. 27, 2013
"That's what happened [this week] when Buck Consultants was sued by the city of Providence, RI for multiplying some number by 9 instead of 10. In a plan that is 31.85% funded due primarily to a set of funding rules designed specifically to understate contributions Buck accidentally understated them too much by making a math error that even politicians could grasp."
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