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  • e retirement benefits is $6 billion greater than the pension fund's assets.It is not a perfect bill, but it is a bill that begins to solve a $6.2 billion problem, said Rep. Luciano Lucky Varela, a Santa Fe Democrat.The pension system covers about 31,000 retirees and 55,400 state and local government workers, including police and firefightersThe proposed pension overhaul won final approval Wedn
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