Another pension reform plan to enter the mix

Rep. John McGinnis (R-Blair) announced Thursday morning that—much like the Senate Republicans—he will be unveiling his pension reform plan at a news conference next week.

Rep. McGinnis’s House Bill 900 is said to pay off Pennsylvania’s unfunded pension liability over the next 20 years with level funding.

Earlier this year, Rep. McGinnis previewed the legislation by holding a press conference stating any true pension reform that will attack Pennsylvania’s unfunded pension liability will adopt the 2014 Blue Panel on Pension Funding commissioned by the Society of Actuaries.

Thursday, May 7, 2015/Author: Jason Gottesman
Categories: News and Views
State and municipal pension reform plans could be tied together

State and municipal pension reform plans could be tied together

As Senate Republicans began circulation of their long-anticipated state and school district employee pension reform proposal Wednesday, in the House a committee held an informational meeting on reforming municipal pension systems as it pertains to public safety pensions.

As the day came to a close, it was said a number of times the two issues could be considered together (though procedurally in two different pieces of legislation).

Wednesday, May 6, 2015/Author: Jason Gottesman
Categories: News and Views
Tags: Pensions
Gov. Wolf, Republicans finalize budget work groups at Tuesday meeting

Gov. Wolf, Republicans finalize budget work groups at Tuesday meeting

House and Senate Republican leaders met with Gov. Tom Wolf for the second straight week Tuesday and finalized the working groups that will be dealing with the budget and component ancillary issues.

“It’s part of our continued meetings with the governor to discuss process and I think we now have a process in place with working groups that will begin budget-related conversations this week,” said Senate President Pro Tempore Joe Scarnati (R-Jefferson) following Tuesday’s meeting.

“We’ve got a revenue work group, a liquor [work group], education, and pensions,” he said. “I think everything is ready to go on that."

Tuesday, April 21, 2015/Author: Jason Gottesman
Categories: News and Views
Pending contingencies, Rep. Grell to leave legislature for PSERS

Pending contingencies, Rep. Grell to leave legislature for PSERS

Rep. Glen Grell (R-Cumberland) confirmed to The PLS Reporter Wednesday that, pending the fulfillment of a number of outstanding contingencies, he will leave the legislature to take over as executive director for the Public School Employee Retirement System.

“The offer has been made, there’s some contingencies on it, assuming those are satisfied, we would expect to accept the offer,” he said.

According to a news release from PSERS, the offer is effective May 1, 2015, and depends on a number of necessary approvals and background checks.

Wednesday, April 15, 2015/Author: Jason Gottesman
Categories: News and Views
House, Senate GOP leaders react to budget planning meeting with governor

House, Senate GOP leaders react to budget planning meeting with governor

Tuesday marked the first time House and Senate GOP leaders met with the governor to begin initial talks about how to move forward this spring with the budget for the coming fiscal year.

Following the meeting, The PLS Reporter caught up with some of those leaders to find out what they have to say and where they feel the budget talks are heading.

Tuesday, April 14, 2015/Author: Jason Gottesman
Categories: News and Views
RSS
123456