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Beverly Hills News – Unfunded Liability Will Never Go Away: Residents, You Are On The Hook

Posted Thursday, July 31 – 6:15 PM

By Laura Coleman

Beverly Hills is staring down the barrel of a $152.5 million unfunded pension liability in what is likely the most meddlesome fiscal dilemma confronting the City in its Centennial year.

That number, which City Treasurer Eliot Finkel said dates from Mar. 31, could skyrocket.

For full story see the print edition of The Beverly Hills Courier, or download the e-edition.

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