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Resource ID: #22510
Subject: Pensions
Source: Asbury Park Press (Neptune, N.J.)
Date: 2005-05-11



This four-part series investigates the state of New Jersey's beleaguered pension system. The authors discovered a concerted effort by government insiders to cripple the public pension system through generous giveaways, financial gimmickry and outright abuse. Gross mismanagement cost the fund $18 billion dollars in less than 2 years.

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