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SteveD: Do you really believe that the city workers' pension system is funded at 71%? Don't forget, if it were 70%, it would be declared a disaster. All it would take is a slight deviation from the presumed interest rate of 7.5% and you drop below the magical 71% funding level. Perhaps you could fill us all in on where the city should invest the pension assets to get a 7.5% return. I think we would all be interested in your insight on this.

How does a 71% of funding requirement meet the definition that the pensions "are doing well?" And the Fire 1 pension is a total disaster. It is not doing well.

From: Avedisian looks to address weak sister of city’s 4 pension plans

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