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New Mexico retirees question math in proposed pension fix

AUGUST 21, 2019 | by Dan McKay | ALBUQUERQUE JOURNAL (NEW MEXICO)

“A coalition of retirees is turning to an unusual argument as it pushes back on plans to overhaul New Mexico’s underfunded pension system for public employees. The retirement system, they say, doesn’t actually need to reach full funding. … Some retirees say full funding isn’t necessary, citing academic research published by the Brookings Institution, a Washington, D.C.-based think tank.”

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