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BUSINESSIndiana Capital Chronicle·1d ago

Indiana officials expect saving $1B a year as teacher pension plan hits funded status

Photo · Indiana Capital Chronicle
AI TLDR · GEMINI

Indiana officials expect to save $1 billion annually as the state's teacher pension fund reaches a fully funded status.

State officials say a $1 billion annual payment to an Indiana teacher pension fund won’t be needed within the next couple of years.

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