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Old April 19th, 2006, 10:12 PM posted to rec.outdoors.fishing.fly
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Default Retirement/investment musings

Im a little confused he are you saying that the New Mexico State pension
funds are underfunded? The same NM that is refunding oil money to its
citizens? And your answer is for the State to shed its defined benefit
pension obligations? I don't understand your line of reasoning.

Dave