Meet the Wagners (of California)
The really sad thing is that the City of Pittsburgh wishes its pension funds were in as good a shape as Vallejo's. The stock market turmoil in recent months must be pushing down Pittsburgh's already depleted pension fund. You have to wonder how much stress it can handle before winding down to a pay as you go system.
Note that the Wagners makes specific mention of their health benefits, the cost of which must be accounted for systematically in California. Go read the City of Pittsburgh's financial reports and see if you can find what the total health care liability is. At least there is no need to worry about Pittsburgh seeing its health care reserves drain away due to the stock market declines of late.