City and county pension plans saw their ratio of unfunded future liabilities plummet more than 10 percentage points to 69 percent from 2011 to 2012, according to a report released Tuesday.

Wilshire Associates, a global independent investment and consulting firm, said the 106 public retirement systems included in its 11th annual survey saw their ratio from 80 percent. For the 105 systems that reported data before June 30, 2012, the funding gap reached a total of $173.6 billion, up from $101.6 billion a year earlier.

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