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New York Suspends Pension Contributions to Plan Covering Employees in Arts Organizations
Reuters in The New York Times; registration may be required
Mar. 11, 2013
"[T]he city has questions about whether its share of the pension costs, projected to be about $17 million for the fiscal year ending June 30, was overstated because of irregularities in pension calculations. Under an arrangement that dates from 1962 the city pays into a pension system that covers some workers in dozens of day care centers with city contracts as well as dozens of cultural institutions."
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