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Florida's public employee pension fund plummets. Should we help?



Florida's giant public employee pension fund needs a bailout, Sydney P. Freedberg writes in today's St. Petersburg Times. Hit by the stock market crash and losses in risky investments, the pension plan faces a big funding gap, according to a study presented Thursday.

A Crystal River reader says: "Who bails out the private sector people who also have lost? Treat all the same."

What do you thin, taxpayers? Should we help shore up the pension fund?

Read the Times' previous coverage:

How to scramble state's nest egg

Florida pension fund plummets

Lehman bankruptcy to weigh on Florida

Who's to blame for state's bad investments?

[Last modified: Monday, May 24, 2010 3:50pm]


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