ANCHORAGE — State treasurers voted Monday to urge Moody's Investors Service to carefully consider the consequences of its proposed changes to analyzing public-sector pension data, warning it will muddy already complicated pension issues for the public and financial markets.

The resolution, approved during the National Association of State Treasurers annual conference here, stated that NAST has "severe reservations" about Moody's proposed changes. Moody's would allow the pension obligations of state and local governments to be compared and would treat pension liabilities like debt so that it can better analyze the long-term liabilities of governments.

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