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To: ajtj99 who wrote (108974)	2/25/2010 10:41:14 AM
From: Bonefish	1 Recommendation Read Replies (1) \| Respond to of 116555

You are correct. This didn't "suddenly" happen.

To: ajtj99 who wrote (108974)	2/25/2010 12:54:49 PM
From: marcher	2 Recommendations Read Replies (2) \| Respond to of 116555

"...They were never fully funded..." It took about 2 minutes to find this, suggesting you are incorrect: "...North Carolina's state pension fund fell below the fully funded mark last year for the first time since 1997... The state retirement system was 99.3 percent funded as of Dec. 31, 2008... The funding level is likely to continue to decline as investment losses from the recession are spread over several years... newsobserver.com