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'Generational Theft' Pension Bill Dead In Pa
BillLawrenceOnline.Com ^ | 11-6-10

Posted on 11/06/2010 8:36:28 PM PDT by Tribune7

The proposed Pennsylvania pension fix that one Republican leader called "generational theft " is dead.

The State House announced, Friday, that it will not return as expected nor in accordance with tradition, to address outstanding legislative matters to the ire of Gov. Rendell and Democrat interest groups such as the Pennsylvania State Education Association.

This means the bill must be started from scratch and when the House reconvenes Jan. 4 it will be in the control of Republicans and supported by a Republican governor. The Senate had been and remains in Republican hands.

HB 2497 passed the House 192-6 on June 16 and was referred to the Senate which amended it and finally voted on it Oct. 16 when it passed 41-8.

The House, however, did not appreciate the changes the Senate made to the bill, especially concerning the creation of an independent fiscal office to check the governor's revenue projections and spending reports

(Excerpt) Read more at BillLawrenceOnline.Com ...


TOPICS: Business/Economy; Government; US: Pennsylvania
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To: Boom-Boom

I understand that, but just because they are not in one of those two major cities doesn’t mean they are conservatives.


21 posted on 11/07/2010 5:31:06 PM PST by fortheDeclaration (When the wicked beareth rule, the people mourn (Pr.29:2))
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To: lightman

LOL, I am in the HBG area, but got your back if you just email me when.


22 posted on 11/07/2010 7:19:20 PM PST by JSteff ((((It was ALL about SCOTUS. Most forget about that and HAVE DOOMED us for a generation or more.))))
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To: Tribune7; Boom-Boom

I understand what you’re saying, but that was the deal, and the state has not funded the pension plans (why?), and IMHO, that is wrong. They had an obligation and reneged on the deal. And, don’t forget, this non-funding was when they had the money, but chose not to. The legislature and gov are to blame for using this money for other pet projects.

Sure, we cannot afford the pension plans now, but I don’t like changing the rules in the middle of the game.

My email has been full of PSEA urgent notices to get on the phone and email to my state (Pa.) reps and senators to vote on this NOW.

I’m only 6 years in,(late career change) so it doesn’t affect me too greatly, but if I were a 20-30 yr teacher I’d be royally pissed at the malfeasance of the state legislature. Where did that money go?.

I’m thinking there are going to be a lot of retirements this year.


23 posted on 11/07/2010 7:50:31 PM PST by baseballmom (Philadelphia Phillies - 2010 NL East Champions)
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