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A ‘simple fix’ to solve public pension funding woes? Think again

Elizabeth Bauer  |  November 9, 2018

“… The CTBA fairly criticizes the existing amortization plan, the so-called 'Edgar Ramp,' which indeed backloaded the pension contributions, and which, alongside the contribution holidays of subsequent governors, contributed significantly to the current underfunding.  But its proposal's 'reamortization' is nothing more than a further plan to keep the plan underfunded for longer. …”

Read the full article on: Forbes

 
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