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Kansas pension deficit increases again, researchers say
Truth in Accounting calculated in a report issued Wednesday that Kansas’ estimated pension obligations in 2010 already were larger than any one of the state’s other debts.

(KansasReporter.org) The Institute for Truth in Accounting, a nonpartisan advocate of clearer government accounting based in suburban Chicago, calculates Kansas’ owes retirees at least $6 billion in retirement benefits that don’t show up on state balance sheets, compared to $4.3 billion in similarly unrecognized debt for highway construction, state building projects and other costs that have been shifted to future taxpayers.  Read more.

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