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But the bigger problem is the giant shadow cast by the pension and OPEB liabilities that are absent from balance sheets.
但更大的麻烦是表外养老金和OPEB债务投下的巨大阴影。
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He also notes that their liabilities for other post-retirement benefit (OPEB) obligations are largely unfunded.
FORBES: AT&T, Verizon: Bernstein Bearish On Rising Pension Costs
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