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Pensions

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PA’s Pension System Subject of Discussion During Budget Hearings

As Pennsylvania’s budget hearings progress, the General Assembly has and will continue to include significant discussion of the state’s two largest pension funds, the State Employee Retirement System (SERS) and the Public School Employee Retirement System (PSERS).  Understanding the state’s pension funding situation can be difficult and misleading on a normal day, but even more so during the intense nature of the Commonwealth’s budget hearings. Read More
State Capitol

Attack On Pensions Defeated In The House – But Could Resurface

This afternoon, more than half of House Republicans joined with the entire Democratic caucus in voting down SB1071 by a final tally of 149 (N) to 52 (Y).  We would like to thank the legislators who opposed this terrible legislation today, and we would especially like to acknowledge the thousands of union members across the State who made phones calls and sent emails opposing SB1071 in the final days and hours before this critical vote. Read More
Attacks On Pensions

Urgent Action: Tell Your Rep To Oppose SB1071 – Most Dangerous Attack On Pensions Yet

The State House is currently debating SB1071, a terrible overhaul to the State’s public pension systems, which would take Pennsylvania from having one of the best pension systems in the County, to having the 3rd worst in the nation. What’s worse is that the bill would affect both future and CURRENT employees, undermining their retirement security and likely increasing the employee contribution.  Read More