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She claims the current ecosystem is not conducive to possess businesses giving the brand new debt to determine the newest side profile. Over 140 employers will find their front side account offsets lose within the July, certain considerably, on account of money underperformance and exactly how PERS try drawing on the remaining account balances. The newest John Go out University Area, as an example, lent $step three.six million inside the 2003, and you can in the ensuing 2 decades features stored nearly $step 3 million for the their pension bill.

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