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Landmark state pension reform bill signed into law

A landmark pension reform bill that closes the loopholes allowing some public employees to collect six-figure salaries on top of six-figure pensions was signed into law Friday by Gov. David A. Paterson.

Citing pension abuses that have been uncovered in a series of Newsday stories, Paterson said in a statement, "At a time when the state is facing an unprecedented fiscal crisis, we must be...

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