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Town of Palm Beach Actively Responding to the Retiree Pension Shortage
Town of Palm Beach Actively Responding to Retiree Pension Shortage
The Town of Palm Beach is actively responding to the retiree pension shortage by committing to spending $5.4 million annually for the next twenty-five years. The under-funded program is a direct-result of slow returns on the investments of pension funds, and the pressure is mounting with passing time. If it