Pittsburgh in Denial about Pension Assets
In yet another example of can kicking on a critical public policy issue, the Pittsburgh pension board voted down City Controller Lamb’s proposal to study
Christopher Wendt
August 27, 2012
In yet another example of can kicking on a critical public policy issue, the Pittsburgh pension board voted down City Controller Lamb’s proposal to study
In our ongoing analysis and review of the financial conditions of Allegheny County municipalities, we take a look at the health of pension plans. Much
Will parking rates skyrocket if the City successfully leases its publicly owned garages and lots over to a private operator? Several members of the Pittsburgh
What is the goal of the Mayor of Pittsburgh’s piggybacking on Philadelphia’s idea to tax sugary drinks? Is it to combat obesity, raise money
When you see the words “fresh” and “collar” together you probably think of laundry detergent, not pensions. But the state House has just passed
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
A pension fund that went from a healthy fund ratio (assets/liabilities) to one where there is now $0.79 in assets for every $1 in
Pittsburgh’s City Council and Mayor must be hoping for a miracle. They have rejected each other’s plan to avoid a state takeover of the
Tomorrow is the first day of the 2011-12 fiscal year for the Commonwealth, virtually all of the state’s school districts, and for special purpose
Last New Year’s Eve, City Council enacted an 11th hour scheme-with the ICA’s blessing-designed to prevent a state takeover of the City’s pension funds.