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NARRAGANSETT â€“ Town Manager Pamela Nolan and Finance Director Laura Kenyon explained to the school committee at a work session Wednesday why the school committee must contribute $712,000 to the pension system in fiscal year 2015.
Superintendent Katherine Sipala informed the school committee of the anticipated annual required contribution, or ARC, during a business meeting last week during which she presented the school systemâ€™s proposed budget.
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