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Williams' pension fund short

(Tulsa-AP) -- Williams Companys says its pension fund is $55-million short of its benefit obligations because of diminished returns at the fund's investments.

The company says the retirement trust for its current employees was about 77% funded at year end, when accounting only its current obligations.

In the long term, Williams says the fund is about $75-million short.

The information is contained in a regulatory filing with the Securities and Exchange Commission.
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