From the PITTSBURGH POST-GAZETTE:
Pennsylvania and its school districts face a daunting enough task meeting significant hikes in teacher pension contributions.
Now a Manhattan Institute report says the situation in Pennsylvania — and across the country — may be worse than it appears.
The New York-based organization says nationwide teacher pension liabilities would be nearly three times what state officials reported on balance sheets in 2007 or 2008 if they used accounting standards similar to those used by private pension funds…
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