Comments on: PA public pensions’ future may mean even higher taxpayer costs

By: PA pension reform for future employees not enough « Watchdog News

PA pension reform for future employees not enough « Watchdog News — Thu, 31 May 2012 00:07:58 +0000

[...] In addition to the annual payments into the pension systems, an unfunded liability could be as high as $50 billion. [...]

By: PA pension reform for future employees not enough | PA Independent

PA pension reform for future employees not enough | PA Independent — Wed, 30 May 2012 23:56:17 +0000

[...] 30 years from now.” In addition to the annual payments into the pension systems, an unfunded liability could be as high as $50 billion. Rick Dreyfuss, senior fellow with Pennsylvania think tank the Commonwealth Foundation, [...]

By: Video: Sen. Corman says structural changes necessary in pension plan | PA Independent

Mon, 21 May 2012 23:39:48 +0000

[...] Corbett has spent the past month focusing on the state pensions and their effect on the budget. Pennsylvania’s two major pension systems are a combined $35 billion in the red, thanks to lawm…. [...]

By: Video: Sen. Corman says structural changes necessary in pension plan « Watchdog News

Mon, 21 May 2012 19:54:26 +0000

[...] Pennsylvania’s two major pension systems are a combined $35 billion in the red, thanks to lawmaker…. [...]

By: Corman: Pension reform better than tax hikes, spending cuts | Statehousenewsonline.com

Tue, 08 May 2012 19:12:00 +0000

[...] to a “Pac-Man” eating away at revenue that could be spent elsewhere in the budget. Since most of the existing pension costs resulted from benefits state and public school employees ha…, any reforms would do little to solve the immediate crisis, but could defuse costs in later years [...]

By: Corman: Pension reform better than higher taxes, spending cuts « Watchdog News

Tue, 08 May 2012 19:10:26 +0000

[...] a "Pac-Man" eating away at revenue that could be spent elsewhere in the budget. Since most of the existing pension costs resulted from benefits state and public school employees ha…, any reforms would do little to solve the immediate crisis, but could defuse costs in later years [...]

By: Corman: Reforming pensions better than higher taxes, spending cuts | PA Independent

Tue, 08 May 2012 18:48:39 +0000

By: Dead Cats: Chen, 05/04/12, (6)58: James Brody | Dead Cats & Clippings

Dead Cats: Chen, 05/04/12, (6)58: James Brody | Dead Cats & Clippings — Fri, 04 May 2012 11:44:46 +0000

[...] is facing much higher contributions to the pension funds in coming years to keep the current plans g…. The funds took hits because the state failed to meet its financial obligations for a decade, and [...]

By: PA public pension fund lowers expectations

PA public pension fund lowers expectations — Thu, 03 May 2012 22:33:00 +0000

[...] liability is calculated — a higher assumed return means a lower unfunded liability. But failing to meet that annual rate of return means higher costs for taxpayers because contribution…. Decreasing the assumed rate from 8 percent to 7.5 percent would change SERS' funded [...]

By: PA public pension fund cuts expectations, increases liability | Statehousenewsonline.com

Thu, 03 May 2012 21:41:48 +0000

[...] unfunded liability is calculated — a higher assumed return means a lower unfunded liability. But failing to meet that annual rate of return means higher costs for taxpayers because contribution…. Decreasing the assumed rate from 8 percent to 7.5 percent would change SERS’ funded ratio [...]

By: VIDEO: PA gov looks at 401(k)-style plan to curb pension crisis | Statehousenewsonline.com

Wed, 02 May 2012 23:31:49 +0000

[...] to save for retirement and invest as much or as little as they choose. Pennsylvania is facing much higher contributions to the pension funds in coming years to keep the current plans g…. The funds took hits because the state failed to meet its financial obligations for a decade, and [...]

By: PA looks at 401(k) style plans to curb pension crisis | PA Independent

PA looks at 401(k) style plans to curb pension crisis | PA Independent — Wed, 02 May 2012 20:28:12 +0000

By: What 33 years of Rick Geist Costs Taxpayers | West PA Editorial

What 33 years of Rick Geist Costs Taxpayers | West PA Editorial — Mon, 09 Apr 2012 04:44:01 +0000

[...] http://paindependent.com/2012/03/pa-public-pensions-future-may-mean-even-higher-taxpayer-costs/ [...]

By: What 33 years of Rick Geist Costs Taxpayers | West PA Editorial

What 33 years of Rick Geist Costs Taxpayers | West PA Editorial — Tue, 03 Apr 2012 22:46:54 +0000

[...] http://paindependent.com/2012/03/pa-public-pensions-future-may-mean-even-higher-taxpayer-costs/ [...]