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Virginia weighs 401(k) plans for state workers

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Md. wrestles with its own pension plan woes RICHMOND - The Republican speaker of the Virginia House of Delegates wants to start requiring new state employees to contribute to their own 401(k)-style retirement plans rather than continue to rely on a grossly underfunded public pension system that is becoming a drain on the state's budget. House Speaker Bill Howell, R-Fredericksburg, said the bulk...

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