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State retirees to get smaller checks in ’11

Retirees in Colorado’s state pension plan will start paying a higher price for fixing the troubled system on Jan. 1. Under a reform plan, retirees who normally receive 3.5 percent cost-of-living increases will instead see increases equal to the rate of inflation or 2 percent, which ever is less, in 2011. After that, annual increases… Continue Reading State retirees to get smaller checks in ’11