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News Story
Updated: 07/24/2014 09:18:06AM

City finds way out of pension business

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By GREG GILES

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The city of Venice took a monumental step this week to get out of the pension business.

Six contracts involving three municipal unions were ratified on July 22 that, among other things, provide a mechanism for current employees in the fire and police departments to migrate from a city pension system to the Florida Retirement System.

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