Saturday, March 07, 2009

Retired Wis. workers' pension cut amount released

Retired Wis. workers' pension cut amount released
"Retired Wisconsin state workers knew their pension checks were going to take a cut, and now they know exactly how much.
The Wisconsin Department of Employee Trust Funds said Friday that pension funds will be cut 2.1 percent for retirees in the state's 'core' fund. Those investing in the optional 'variable' fund will see a 42 percent decrease."

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