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« Norfolk chief: bullet at school should have been reported sooner | Main | Flutie takes to court to benefit autism services » Wednesday, March 14, 2007City officials asked to back pension changeNEWTON The city’s retirement board has formally asked mayor and aldermen to back a transfer of Newton's pension fund to state control. That move was recommended by a special blue-ribbon commission that said the city pension fund has regularly underperformed the state’s in investment returns. The commission said the state fund made $30 million more than the local fund over the past decade. Mayor David B. Cohen has already endorsed taking the step, which will now be debated by the Board of Aldermen. -- Connie Paige Posted by the Boston Globe City & Region Desk at 11:59 AM
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