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Investor Presentaiton

THE PEW CENTER ON THE STATES State retiree health care reforms: 2001 to 2010 ☐ No reforms Reduced benefits Increased employee contributions Both Created a trust fund CA WA ME MT ND OR OR MN SD WI NY WY MIO IA PA NE VT NV UT OH IL IN NH WV MA KS MO VA RI NC CT TN AZ OK NM AR SC NJ DE GA MS AL MD AK Source: Pew Center on the States, 2011 HI TX FL 16

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