Reed answers budget and pension questions

Reed answers budget and pension questions

House Majority Leader Dave Reed (R-Indiana) and other members of House Republican leadership joined press this afternoon to answer questions regarding issues such as pension reform and the state budget. 

Tuesday, June 14, 2016/Author: Kara Barmoy
Categories: Video
Amount of risk-shift to play key role in Senate review of compromise House pension reform proposal

Amount of risk-shift to play key role in Senate review of compromise House pension reform proposal

Monday afternoon, the House once again displayed its bipartisan chops in advancing an amendment by Rep. Mike Tobash (R-Schuylkill) to Senate Bill 1071 with a 150-41 vote.

The proposal provides for a so-called “stacked hybrid” pension plan that would significantly reform state and public school pension plans by shifting to a defined contribution model for those earning $50,000 per year or more, but maintaining the current defined benefit model for those earning less than $50,000 per year

Monday, June 13, 2016/Author: Jason Gottesman
Proposals would split retirement commission’s functions between IFO, Office of Auditor General

Proposals would split retirement commission’s functions between IFO, Office of Auditor General

Two identical proposals—one offered in the Senate and one offered in the House—would take the functions of the Public Employee Retirement Commission, the independent legislative agency tasked with reviewing pension legislation and determining state aid for municipal pension plans, and split them between the Independent Fiscal Office and Office of Auditor General.

The Senate Finance Committee Tuesday afternoon unanimously moved along the Senate version of the legislation, Senate Bill 1227, sponsored jointly by Sen. John Blake (D-Lackawanna) and Sen. Pat Browne (R-Lehigh).

Tuesday, May 10, 2016/Author: Jason Gottesman
Categories: News and Views
Rotunda Ramblings - May 6, 2016

Rotunda Ramblings - May 6, 2016

We have a shorter-than-usual podcast this week to reflect the shortened session week, but the episode isn't short on analysis of upcoming budget negotiations, action on pension reform, and the legislative response to DEP's oil and gas regulations. 

We also have audio from Rep. Bill Adolph, Sen. Jay Costa, Rep. Mike Tobash, and Rep. John Maher.

CLICK HERE to listen.

Friday, May 6, 2016/Author: Jason Gottesman
Categories: Features
House pension reform proposal could soon be on the move

House pension reform proposal could soon be on the move

House Bill 727, legislation that would overhaul Pennsylvania’s public pension systems, could soon be on the move, sources tell The PLS Reporter.

Currently, the bill is on hold while the chamber awaits action by the Public Employee Retirement Commission to attach a note to a significant amendment by Rep. Mike Tobash (R-Schuylkill) that would alter the bill to provide for its key final components.

Monday, May 2, 2016/Author: Jason Gottesman
Categories: News and Views
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