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Florida warns pension plans: Fix your sinking ships
2015-01-29 03:45:20| IT Services - Topix.net
Three troubled Jacksonville pensions are among 19 statewide that received "call to action" letters Tuesday informing them their unfunded liabilities are unacceptable and need to be fixed now. The 19 pension plans all are less than 50 percent funded, prompting terse letter from the Department of Management Services, the state agency tasked with reviewing local pensions.
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