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The Long, Sorry Tale of Public Pension Promises
The Wall Street Journal; subscription may be required Link to more items from this source
[Opinion]
Sept. 22, 2013
"Private pensions gradually faded as an issue because many employers with pension plans failed, and newer companies ... never started them. But the problem with cities and states has mushroomed.... Much has been written about the poor investing performance of public pension plans. But ... the real problem is that politicians across the country have failed to fund."

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