Rotunda Ramblings - March 11, 2016

Rotunda Ramblings - March 11, 2016

This week Rotunda Ramblings brings back witty conversation in breaking down the week's top news items including the end of budget hearings, what the state's pension systems are up to, and the governor issuing an Executive Order providing for a limited increase in the minimum wage. We also sit down with Auditor General Eugene DePasquale and Rep. Seth Grove (R-York) to talk municipal pension reform.

Listen to the whole episode HERE.

Friday, March 11, 2016/Author: Jason Gottesman
Categories: Features
PSERS director: “We’re very well toward turning the corner on our unfunded liability”

PSERS director: “We’re very well toward turning the corner on our unfunded liability”

During Monday’s budget hearing in front of the House Appropriations Committee, the heads of both of Pennsylvania’s state-run pension plans confirmed that with the Commonwealth next year scheduled to meet 100 percent of its actuarially required contribution (ARC), the state has started to right the ship on what some estimate is as high as a $63 billion unfunded liability.

“We’re very well toward turning the corner on our unfunded liability and paying it off,” said PSERS executive director Glenn Grell about the “fiscal discipline” maintained by budget makers in ensuring the increasing rate collars under Act 120 of 2010 have been met over the last five years.

Monday, March 7, 2016/Author: Jason Gottesman
Categories: News and Views
2016 priorities: Senate Republican caucus

2016 priorities: Senate Republican caucus

Continuing our vignettes on 2016 legislative priorities, this feature spotlights Senate Republicans, a caucus looking at 2016 as a way to get many of their 2015 priorities across the finish line while trying to find governmental efficiencies and opportunities to create jobs in Pennsylvania.

“Many of the priorities that were priorities at the beginning of 2015 continue to be at the top of the list,” said caucus spokesperson Jenn Kocher.

At the top of that list is public pension reform legislation.

Thursday, January 14, 2016/Author: Jason Gottesman
Categories: News and Views
Republicans point budget blame finger back at Wolf

Republicans point budget blame finger back at Wolf

In their first big face-to-face pow-wow following the governor’s line-item veto of a budget proposal they sent him before Christmas, Pennsylvania’s legislative Republican leaders emerged with a short-term budget game plan and a common enemy in an old foe: Gov. Tom Wolf.

Tuesday, January 5, 2016/Author: Jason Gottesman
Categories: News and Views

Holiday news you may have missed

Checking-in for the first time since Christmas? Well, lots happened that you may have missed and we’d like to get you back up to speed.

While you might have known that just before Christmas, the General Assembly delivered a $30.2 billion budget to the governor’s desk without his agreement, you might have missed the governor’s line-item veto of that measure on December 29th.

In sum, Gov. Tom Wolf’s use of his veto blue-lining pen allowed about $23 billion to get out to state government, local government, and public schools.

Despite his actions, Gov. Wolf was not thrilled about the budget that landed on his desk.

“I am expressing the outrage that all of us Pennsylvanians should feel about the garbage Republican legislative leaders have tried to dump on us,” he said. “This budget is wrong for Pennsylvania and our legislators—the folks we elected to serve us need to own up to this—they need to do their jobs.”

Monday, January 4, 2016/Author: Jason Gottesman
Categories: News and Views
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