Moody’s: New Jersey’s Pension Funds Could Run Dry in Just 10 Years

http://www.njspotlight.com/stories/14/12/03/moody-s-new-jersey-s-pension-funds-could-run-dry-in-just-10-years/

Bond-rating agency cites NJ Treasury admission in bond prospectus that puts unfunded liability at $83 billion under new federal standards

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