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Washington Metropolitan Area Transit Authority: Assessing Fiscal Risks and Improving Workforce Management
U.S. Government Accountability Office [GAO]
Sept. 11, 2018
"[T]he amount WMATA was required to contribute to its pension plans increased by an annual average of about 19 percent during [2006 through 2017]. Due to their relative size, proportion of retirees compared to active members, and investment decisions, these pension plans pose significant risk to WMATA's financial operations ... to an extent that might jeopardize its ability to provide some transit service." [GAO-18-643, Sept. 10, 2018]
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