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House changes Oklahoma Teacher's Retirement System rules to cut $10.4 billion unfunded liability

from The Associated Press via Daily Journal

The Oklahoma House has approved changes to the Oklahoma Teacher's Retirement System to address the pension system's $10.4 billion unfunded liability. The House voted 66-24 Wednesday for a measure by Rep. Randy McDaniel of Edmond that supporters say will help improve the system's solvency. The measure now goes to the Senate for consideration. more

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