Georgia Struggles to Fill Gap in Pension Funds

August 16, 2011  |  

(AJC) — Thanks to roller-coaster stock returns and an aging population of workers, the state will have to plow an extra $150 million next year into its pension plans to make sure they remain sound.  Teachers, who have seen furloughs, pay cuts and rising health insurance costs in recent years, will also be asked to pay more into their retirement plans. So will school districts.
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