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North Dakota Public Employees Pension Sees Unfunded Liability Break $1 Billion

North Dakota Public Employees Pension Sees Unfunded Liability Break $1 Billion

The latest audit for North Dakota’s Public Employees Retirement System (PERS) is out, and the numbers aren’t good. Due to what the audit describes as investment losses, the unfunded liabilities in the pension have grown by nearly $200 million since last year. In 2012 the unfunded liability – pension obligations that aren’t covered by projected

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