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Saturday, December 09, 2006

School districts' pension tab to rise

Charles Thompson reports in the Patriot News that school districts' contributions to the pension system is going to rise by about $94 million next year. That is minor compared with what looms in coming years.

And despite the "historic property tax relief" lawmakers have taken credit for, voters have no control over greater pension costs and taxes to cover those--retirement costs one of the numerous exemptions to the referendum requirements for property tax increases.

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