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ACT will miss target to plug $8 billion funding hole in defined benefit superannuation liability

Jasper Lindell
Updated November 22 2021 - 6:12am, first published 5:30am
The ACT government concedes it is on track to miss a target to fully fund its defined benefit superannuation liability. Picture: Keegan Carroll
The ACT government concedes it is on track to miss a target to fully fund its defined benefit superannuation liability. Picture: Keegan Carroll

A volatile global economy and longer-lived public servants means the ACT is on track to fall short of plugging an $8 billion hole in its superannuation liability by a 2030 deadline, amid renewed pressure to divest from holdings in unethical companies.

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Jasper Lindell

Jasper Lindell

Assembly Reporter

Jasper Lindell joined The Canberra Times in 2018. He is a Legislative Assembly reporter, covering ACT politics and government. He also writes about development, transport, heritage, local history, literature and the arts, as well as contributing to the Times' Panorama magazine. He was previously a Sunday Canberra Times reporter.

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