Corbett says pension bill must precede tax talk

  • June 10, 2014

HARRISBURG (AP) – Gov. Tom Corbett said he won’t consider a tax increase to help fill a growing budget gap unless the Legislature agrees to overhaul Pennsylvania’s pension system for future state and school employees.

Corbett said Tuesday if pension legislation does pass, he’s not sure what, if any, kind of tax increase he’d support.

The new fiscal year begins July 1.

Pension legislation was scheduled for discussion Tuesday in the state House of Representatives. The proposal Corbett supports would combine a limited traditional, defined-benefit pension with a 401(k)-style defined-contribution plan that would provide a smaller benefit than employees get under the present system.

It would not affect the hundreds of thousands of current state and public school employees.

The state’s largest teacher union, the Pennsylvania State Education Association, opposes it.


blog comments powered by Disqus

Peters Township teachers threaten strike

Mayor cries foul over inaction on police technology

North Strabane offices closed

Detour offered for Route 837 closure

Water line upgrades coming to Mon Valley

Young Women’s Breast Cancer Foundation started by Peters Township woman

Two suspects sought in Monongahela street robbery

Tighter security at Beth-Center, Frazier football game after threat

Fall foliage display dependent on weather

Hickory man killed in motorcycle wreck after fleeing police