Category: Government Pensions

City Pension Reform, 1996-2009

Year Report/Event Funded Ratio Recommendations 1996 Competitive Pittsburgh 18% Pension Bonds, Use Savings from Bond Sale or Debt Restructuring to Reduce Obligations 2000 Pgh21

Christopher Wendt November 20, 2009

Will Legacy Costs Force Pittsburgh Into Chapter 9 Bankruptcy?

“…the notion that the second largest city of this Commonwealth would record the unprecedented status of bankruptcy is simply an unacceptable alternative”- Report of the

Christopher Wendt September 2, 2009

Pittsburgh Encounters Pension Reform and Doesn’t Like It

If the health of Pittsburgh’s three pension plans doesn’t soon improve and if pending municipal pension reform legislation becomes state law, the City will see

Christopher Wendt August 19, 2009