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There should be no settlement. This is going to go to to the Supreme court. A precedent will be good for all involved, and good for states around the country. As far as Warwick negotiating a new deal with the retirees, no chance. According to Avedisian we don't have a pension problem. He'll just keep raising taxes. Business' and residents are forced out to pay for the retirement benefits while current public workers get squeezed.

From: Should state rethink its pension strategy?

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