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Pittsburgh City Officials May Need Hail Mary Pass As Unfunded Liability Hits $700 Million
The Wall Street Journal; subscription may be required 
Feb. 6, 2011
By relying on outdated actuarial tables, making only minimum payments, and failing to limit benefits as the number of active workers paying into the plans fell, Pittsburgh has accumulated a $700 million unfunded liability, and its 29.5% funding level is among the lowest in the U.S.
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