Ortitay Supports Bipartisan Pension Reform

Jun. 14, 2016 /

HARRISBURG – Rep. Jason Ortitay (R-Washington/Allegheny) today announced the passage of bipartisan reform of the state’s public pension systems. Currently, the State Employees' Retirement System (SERS) and the Public School Employees' Retirement System (PSERS) have a joint debt of more than $50 billion, and are at serious risk for failing.

Millard Announces Bipartisan Passage of Needed Pension Reform

Jun. 14, 2016 /

HARRISBURG – Rep. David Millard (R-Berwick) today joined the majority of his colleagues in the House in passing needed reform of the state’s public pension systems. Currently, the State Employees' Retirement System (SERS) and the Public School Employees' Retirement System (PSERS) have a joint debt of more than $50 billion.

Benninghoff Announces Passage of Necessary Pension Reform

Jun. 14, 2016 /

HARRISBURG – Rep. Kerry Benninghoff (R-Centre/Mifflin) today announced the House passed necessary reform of the state’s public pension systems. The State Employees' Retirement System (SERS) and the Public School Employees' Retirement System (PSERS) have reached crisis status with a joint debt of more than $50 billion.

Warner Votes for Bipartisan Pension Reform

Jun. 14, 2016 /

HARRISBURG – Rep. Ryan Warner (R-Fayette/Westmoreland) today joined the majority of his colleagues in the House in approving reforms to the state’s public pension systems. Currently, the State Employees' Retirement System (SERS) and the Public School Employees' Retirement System (PSERS) have a joint debt of more than $50 billion.

Lancaster County House Republican Delegation Supports Taxpayer Savings to be Generated by Pension Reform

Jun. 14, 2016 /

HARRISBURG – The Lancaster County House Republican Delegation this afternoon voted for forward momentum in protecting taxpayers from rising property taxes and safeguarding retirement benefits earned by current retirees and employees in the Public School Employees’ Retirement System (PSERS) and the State Employees’ Retirement System (SERS). The public pension reform measure would create a hybrid 401(k)-style and cash balance plan only for future state and school employees who first begin service on Jan. 1, 2018, or July 1, 2018, respectively.

House Votes to Bring Modern Changes to PA Bingo Law, Klunk Says

Jun. 14, 2016 /

HARRISBURG – In an effort to help licensed community groups raise needed funds, the House of Representatives today overwhelmingly approved legislation to update the state’s Bingo Law, said Rep. Kate Klunk (R-York), author of the bill.

Tobash Pleased with Historic House Passage of Meaningful Public Pension Reform

Jun. 14, 2016 /

HARRISBURG – In continuing his efforts to address Pennsylvania’s massive public pension debt, which totals more than $56 billion, Rep. Mike Tobash (R-Schuylkill/Dauphin) joined the majority of his House colleagues in favorably voting for a pension reform plan, which he has sponsored. Tobash’s plan takes an important step in implementing public pension reform. Current employees are not affected, and billions in savings are expected as the state moves its pension systems into the 21st century.

Saccone Votes To Reform Pennsylvania’s Public Pension System

Jun. 14, 2016 /

HARRISBURG — Rep. Rick Saccone (R-Allegheny/Washington) issued the following statement after the House voted 136-59 to pass a historic pension reform bill which will address Pennsylvania’s staggering nearly $60 billion pension deficit:

York County House Republicans Vote in Favor of Pension Reform Measure

Jun. 14, 2016 /

HARRISBURG – Today, members of the York County House Republican delegation supported the passage of Senate Bill 1071, which reforms the Commonwealth’s two public pension systems. Specifically, the legislation will reform benefits for new-hire state employees to bring them more in line with the private sector. The new benefit package is referred to as a “stacked hybrid” with a limited defined benefit pension and a defined contribution, 401(k)-style benefit. The legislation passed on a bipartisan vote of 136-59.

Bipartisan Public Pension Reform Bill Passes House, Says Reed

Jun. 14, 2016 /

HARRISBURG – In a bipartisan vote of 136-59, the House of Representatives today sent the Senate legislation to reform the state’s public employee pension systems in order to save taxpayers over $5 billion and make the systems sustainable in the long term, said House Majority Leader Dave Reed (R-Indiana).