Listen: ‘Confidential’ Memo Shows West Warwick Pensions Just 19.8% Funded
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Listen: ‘Confidential’ Memo Shows West Warwick Pensions Just 19.8% Funded
West Warwick’s unfunded pension liability ballooned to $115.3 million and its funded ratio dipped to 19.8 percent during the 2012 fiscal year, according to a report released to members of the town’s Pension Board from Indianapolis-based Nyhart Actuary & Employee Benefits.
