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The Boston Globe


Huge hikes loom for municipal pension funding

Some south suburbs are staring down the barrel of a massive increase in employee pension assessments for fiscal year 2015, numbers that many administrators say could cripple upcoming municipal budgets.

A vote by the Plymouth County Retirement Association’s board of directors, looking to set the funding schedule for pension costs, is expected on Tuesday, with many of the 55 members of the association vehemently opposed to the anticipated hikes.

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