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State pension funding gap up 20 percent in 2012: Wilshire

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NEW YORK (Reuters) – The recovery in the state pension system suffered a setback in 2012 as the huge funding shortfall in a large swath of state pensions swelled more than 20 percent, interrupting two years of improvement following the devastation of the financial crisis.

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Post Published: 04 March 2013
Found in section: News and Analysis