Wetzel: Here’s your boss, if you haven’t seen already. He doesn’t seem to care… February 13: Corrections Call-In Program
Stability hard to find in state pension fund A dozen years ago when America’s Largest Full-Time State Legislature voted itself and the state’s workers big-time pension increases, everything seemed rosy. “It’s not a raid on any taxpayer money,” Mike Manzo said in April 2001. “It is funded by the surplus in the pension fund and …
OFF THE FLOOR: . HARRISBURG (Feb. 18) – Senate President Pro Tem Joe Scarnati, R-Jefferson, has said a major concern with Gov. Tom Corbett’s pension reform plan is that its savings from cuts to the future benefits of current state employees is that it faces stern court challenges. “How can you rely on those savings, …
Capitolwire HARRISBURG (Feb. 5) – Unlike his last budget when the Department of Corrections was flat-funded, Gov. Tom Corbett’s plan for the coming fiscal year proposes a more than $60 million increase over what is currently available to the department to spend. Even with the planned closing of two existing prisons, which the administration estimates …
Over the next few months, the Governor will be working closely with SERS and PSERS, along with the unions and the legislature to achieve pension reform. With more than $41 billion in unfunded liability and continually rising employer contribution costs, we must address the problem now in order to restore financial stability to the two …
Capitolwire HARRISBURG (Feb. 5) – Gov. Tom Corbett wants to finish off a business assets tax starting next year, hike oil company tax revenues by close to $2 billion a year over five years, and also cut the state motor fuels tax, current employee benefits, and starting in 2015, the corporate net income tax. He …