CHICAGO — The combined burden of unfunded local and state pension liabilities on Chicago taxpayers rose to $103 billion in fiscal 2010 from just $19 billion a decade ago as double-digit investment returns in 2010 failed to stave off further deterioration of funded ratios, according to recent analysis of pension figures.

The local and state toll of unfunded obligations on Chicagoans rose to $14,897 per capita in 2010 from $10,037 in 2008 and marked a dramatic jump from just $2,442 in fiscal 2000. Two of Chicago’s four funds and Cook County’s fund remain on course to run out of sufficient assets to cover obligations in the coming years.

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