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IPFS News Link • Economy - Economics USA

Hemorrhaging: San Diego pension debt to hamper city for generations

03-14-2009 • 3.signonsandiego.com/

Amid the upheaval on Wall Street, the pension fund's assets have declined by a stunning $1.3 billion in just the last eight months. Further deterioration is likely in the year ahead as the economy worsens under the weight of the global recession.

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Reported By Jack Gregson

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Hemorrhaging: San Diego pension debt to hamper city for generations

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