Tag: PMRS

Budget Fantasyland

  The Mayor’s recently released budget wanders into the world of fantasy, delusion and denial. A trifecta seldom seen. With the prospect of PMRS taking

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A Blessing or a Curse?

  On the subject of City Council’s latest attempt to craft a pension solution that averts a state takeover in two days by using dedicated

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Pension Protectionism?

  Was part of the motivation for avoiding a state takeover of the City’s pensions to preserve the jobs of the employees that handle those

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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

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Smooth Operators

  A new article from the American Enterprise Institute tackles the thorny issues of assumptions on rates of return for public sector pensions and the

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