Sunday, November 22, 2009 East Central Illinois

Pension systems able to recover some losses in settlement

By Kate Clements
Saturday, October 29, 2005 2:00 PM CDT

SPRINGFIELD – The state pension systems for teachers, university workers, judges, state employees and lawmakers were able to recover some of their losses from the WorldCom collapse in a settlement announced on Thursday.

"We're very, very pleased with the outcome," said Dan Slack, acting executive director and general counsel for the State Universities Retirement System.

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