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Upholding Obligations To South Dakota's Pension Fund A column by Gov. Dennis Daugaard:
• Nebraska's well-known and successful investor, Warren Buffett, mentioned public pension obligations in his annual letter to Berkshire Hathaway shareholders: • "Local and state financial problems are accelerating, in large part because public entities promised pensions they couldn't afford. Citizens and public officials typically under-appreciated the gigantic financial tapeworm that was born when promises (Continued on page 7)
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