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Pension/Budget Update

Pension/Budget Update Go to Penn Live..   Robert Storm Eastern Region Vice President rstorm@pscoa.org www.pscoa.org

Gov. Tom Wolf vetoes GOP-passed budget bill, bringing budget negotiators back to the table

Gov. Tom Wolf vetoes GOP-passed budget bill, bringing budget negotiators back to the table It only took about a couple hours for Gov. Tom Wolf to review  the Republican-backed $30.2 billion budget bill that the General Assembly sent him on Tuesday before he got out his pen and vetoed it. This is believed to be …

Pennsylvania Legislature sends public pension reform to Gov. Tom Wolf; decision possible tonight

Pennsylvania Legislature sends public pension reform to Gov. Tom Wolf; decision possible tonight The Pennsylvania Senate has sent another key piece of the Republican legislative agenda to Gov. Tom Wolf’s desk Tuesday with a 29-20 passage of what could become the state’s second major pension reform bill in five years. The real drama now shifts …

SB 1

As expected the Senate has concurred on the House amendments to SB 1 by a vote if 29-20, with Sen. Greenleaf as the only republican vote against concurrence. Robert J Storm Eastern Region Vice President

Reform of Pennsylvania’s statewide public pension systems passes House; Senate concurrence next

Reform of Pennsylvania’s statewide public pension systems passes House; Senate concurrence next The state House of Representatives has passed a bill that transforms the retirement benefits for future state and public school employees  from a formula-driven system based on salary at retirement to a 401(k)-style system. The bill passed on a 106-89 vote, and was …

SB 1 Pension Reform Exemption

This is optimistic,but not yet a done deal. http://www.pennlive.com/midstate/index.ssf/2015/06/committee_approves_gop-backed.html Robert J Storm Eastern Region Vice President Pennsylvania State Corrections Officer Association