Mayor McDavid announces a solution to pension problem

Thursday, July 12, 2012 | 6:38 p.m. CDT; updated 11:32 a.m. CDT, Friday, July 13, 2012

COLUMBIA — A new pension plan that should save the city nearly $50 million and solve the profound problem of underfunded pensions won high praise from city officials at a news conference on Thursday.

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