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Pittsburgh City Council Proposes Plan That Will Avoid State Takeover of Pittsburgh's Pension Plan
Pittsburgh Post-Gazette 
Dec. 28, 2010
Excerpt: The pension fund, now 29.3 percent funded, must be 50 percent funded by Dec. 31 to avoid a takeover by the state. For months, Mr. Ravenstahl and council have skirmished over how to raise the $220 million that would boost the fund to 50 percent.
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