Capitolwire HARRISBURG (Feb. 5) – Unlike his last budget when the Department of Corrections was flat-funded, Gov. Tom Corbett’s plan for the coming fiscal year proposes a more than $60 million increase over what is currently available to the department to spend. Even with the planned closing of two existing prisons, which the administration estimates …
Over the next few months, the Governor will be working closely with SERS and PSERS, along with the unions and the legislature to achieve pension reform. With more than $41 billion in unfunded liability and continually rising employer contribution costs, we must address the problem now in order to restore financial stability to the two …
Capitolwire HARRISBURG (Feb. 5) – Gov. Tom Corbett wants to finish off a business assets tax starting next year, hike oil company tax revenues by close to $2 billion a year over five years, and also cut the state motor fuels tax, current employee benefits, and starting in 2015, the corporate net income tax. He …
Gov. Tom Corbett’s 2013-14 budget speech. Introduction Lieutenant Governor Cawley, President Pro Tempore Scarnati, Speaker Smith, Majority Leader Pileggi, Majority Leader Turzai, Minority Leader Costa, Minority Leader Dermody, members of the House and Senate, distinguished guests, my fellow Pennsylvanians, thank you. I stand here today proud to have worked with you over …
Here is the synopsis from the budget book. The basic proposal is we keep all benefits currently accrued, but the new requirements kick in from 2015 to retirement, such as the lower multiplier. We think this is problematic and will be challenged if it passes. That is a big if. Components of the pension reform …
A public hearing regarding the closings of SCI Greensburg and Cresson was held yesterday with the Senate’s Judiciary Committee. PSCOA was there as one of the concerned presenters. Click the link below to go to the committee’s page to watch or listen to the hearing. PA Senate Judiciary Committee- Public Hearing Jan. 22