The City of Pittsburgh's pension plan went $16 million deeper into the hole during the first quarter of this year.
The plan's funding percentage, reported to be 32 percent at the close of 2009, has fallen below 30 percent. The deficit approximates $700,000,000.
It could get worse for InsolvenCity -- and will, if city council permits the city administration to conduct a parking garage sale.
Is he tired of winning yet?
6 hours ago