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TEXPERS Comments on Misinformation in Laura and John Arnold Foundation "Swamped" Whitepaper on Houston

The Laura and John Arnold Foundation "Swamped" whitepaper is accurate in one regard: the city of Houston has shortchanged, over decades, the actuarially required contribution (ARC) its pension funds needed to function fully to their design.

Please see the press release TEXPERS distributed regarding a whitepaper produced by the Laura and John Arnold Foundation. It may be viewed by clicking here.

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