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Pension Privatization Fails In PA
Where Have I Been?
It has been awhile since you heard from me. Getting settled into my newer job has been a bit more difficult than I thought. I am settled into my new duties and am looking forward to informing my readers of the issues of interest to the working people of Pennsylvania.
I hope all had a merry Christmas and wish one and all a Happy New Year!
A Win on Pensions, but Battles Remain
On December 19th, Senate Bill 1071 was defeated by a final tally of 149-52.
Half of the Pennsylvania State House's Republicans joined the whole Democratic caucus, influenced by the efforts of thousands of union members. The State House did leave the option to reconsider the bill at a later time. According to the State AFL-CIO, it also failed to address the unfunded liability and relied on the reductions of current benefits to provide an illusion of Savings.
As the budget impass continues, attacks on pensions and privatization of other assets like the liquor store systems may continue.