Facts and
Figures
New: 2013 Reports on
the right sidebar
I
will update tables/graphs below when I can.
All data
reflects combined information for the 3 major pension plans of the City
of Pittsburgh: Police, Fire and General Municial pension plans.
Total Pension
Liability
|
1995
|
$622,955,188
|
|
1997
|
$667,753,390
|
|
1999
|
$685,248,322
|
|
2001
|
$712,978,251
|
|
2003
|
$765,763,493
|
|
2005
|
$843,382,550
|
|
2007
|
$899,248,578
|
|
2009
|
$989,532,948
|
|
2011
|
$1,012,027,241
|
|
2013
|
|
As
of January 1st of each year
|
Total Pension
Assets
|
1995
|
$107,617,040
|
|
1997
|
$156,974,756
|
|
1999
|
$436,613,690
|
|
2001
|
$423,058,432
|
|
2003
|
$312,470,965
|
|
2005
|
$373,608,407
|
|
2007
|
$375,368,724
|
|
2009
|
$339,179,908
|
|
2011*
|
|
|
2013*
|
|
*
Includes 'parking asset'
As
of January 1st of each year.
|
Unfunded
Liability
|
1995
|
$515,338,148
|
|
1997
|
$510,778,634
|
|
1999
|
$248,634,632
|
|
2001
|
$289,919,819
|
|
2003
|
$453,292,528
|
|
2005
|
$469,774,143
|
|
2007
|
$523,879,854
|
|
2009
|
$650,353,040
|
| 2011 |
|
| 2013 |
|
As
of January 1st of each year
|
Total Monthly
Pension Expenditures
|
1997
|
$56,063,554
|
|
1999
|
$55,427,384
|
|
2001
|
$53,252,121
|
|
2003
|
$54,368,709
|
|
2005
|
$62,241,932
|
|
2007
|
$76,863,862
|
|
2009
|
|
| 2011 |
|
| 2013 |
|
|
Funding Ratio
by Year
|
1995
|
17.3%
|
|
1997
|
23.5%
|
|
1999
|
63.7%
|
|
2001
|
59.3%
|
|
2003
|
40.8%
|
|
2005
|
44.3%
|
|
2007
|
41.7%
|
|
2009
|
34.3%
|
| 2011 |
|
| 2013 |
|
As
of January 1st of each year
|
Funding Ratio
by Plan
|
Annual
Administrative Expenses
|
1997
|
$1,657,994
|
|
1999
|
$2,081,771
|
|
2001
|
$2,416,402
|
|
2003
|
$1,988,514
|
|
2005
|
$2,350,477
|
|
2007
|
$2,945,610
|
|
City's
Minimum Municipal Obligation
|
2003
|
18,861,329
|
|
2005
|
32,092,082
|
|
2007
|
37,979,302
|
|
State Pension
Aide to Pittsburgh
Coming Soon
|
Active City
Workers
|
Fire
|
Municipal
|
Police
|
|
1995
|
866
|
2,564
|
1,245
|
|
1997
|
886
|
2,316
|
1,153
|
|
1999
|
844
|
2,293
|
1,098
|
|
2001
|
889
|
2,287
|
1,098
|
|
2003
|
867
|
2,352
|
1,070
|
|
2005
|
737
|
1,819
|
804
|
|
2007
|
622
|
1,778
|
848
|
|
2009
|
642
|
1,783
|
898
|
Per
Act 205 reports
|
|
|
|
Act 205
Reports
Links
Official
City of Pittsburgh Pension Office Page
Pennsylvania
Public Employee Retirement Commission
Pennsylvania
Act 205 Information
Pennsylvania
Auditor General Pension Auditing
GASB Postemployment
Benefit Accounting and Financial Reporting Project Page
GASB 43/45
Resource Center
PensionTsunami Pennsylvania
News
|
