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This statement is not available for public release until it is delivered at 2:00 p.m. (EDT), Tuesday, April 29, 1997. |
Mr. Chairman and Members of the Subcommittee, I appreciate the opportunity to discuss the President's proposal for the District of Columbia's pension plan for teachers, judges, police, and firefighters. My statement assesses the consequences of the Administration's approach for beneficiaries and taxpayers, compares the President's proposal with alternative forms of assistance, and discusses some implications for the federal pension system.
This document is available in its entirety in PDF.