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NYC teachers? fund pledges $1B to post-Sandy rebuilding

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NEW YORK?A pension fund for New York City teachers will contribute $1 billion to rebuild infrastructure damaged by Superstorm Sandy. The money will come from the $46 billion New York City Teachers’ Retirement System, which handles the investments of roughly 190,000 current and retired educators. It’s going to an infrastructure redevelopment project started last year [. . . ]

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