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Pension Meeting Ends in Cliffhanger

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It was supposed to be another staid meeting of the board that oversees New Jersey’s $71 billion public-employee pension system. It ended with a dramatic deadlocked vote on a key policy issue — how heavily pension assets should be invested in hedge funds — and an equally dramatic threat from one veteran board member to immediately tender his resignation. John Reitmeyer, NJ Spotligh Read more