NASRA slams pensions "mess" claims

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US -The National Association of State Retirement Administrators (NASRA) has accused Chicago Federal Reserve board president Michael Moskow of "misstating" the pensions problem, after he labelled the state of public pension plans "a mess".

Moskow had warned delegates at the State and Local Government Pension forum that the public pension funding problem would escalate rapidly, forcing the government to pull money from other public pr...

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