Tag: funded ratio

City Officials Rest Easy

Here’s what the most recent actuarial valuation (reflecting data as of January 1, 2009) shows for the health of the City’s pension funds in aggregate

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City Double Parking on Lease Idea

Under the timeline contained in the "Request for Concessionaire Qualifications" released by the Pittsburgh Public Parking Authority earlier this year, prospective bidders interested in entering

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The $452 Million Question

After opening the two high bids yesterday afternoon a partnership of LAZ Parking/JP Morgan emerged as the winner with a bid of $451.7 million for

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PMRS Wants Details ASAP

Under Act 44 of 2009 Pittsburgh had to get its underfunded pensions to 50% funded (enough assets to cover 50% of accrued liabilities) or face

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The Recovery Road Show

Friday marked the release of what will likely become the final Act 47 recovery plan for the City of Harrisburg and a lot of work

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