A state commission that keeps tabs on public pensions in Pennsylvania was unable Tuesday to provide much clarity on the financial implications of switching the two major systems to a new 401(k)-style plan.
The Public Employee Retirement Commission decided yesterday to compile often-conflicting analyses by its own actuary and outside actuaries of a pair of House bills that were approved earlier in the day by the State Government Committee. The commission's director, James McAneny, says the bills surfaced too late to allow a detailed analysis, so commission members opted to share the information they already had.
Republican Governor Tom Corbett's administration projects long-term savings from the switch, but unions say phasing in the new system while closing the current traditional plan could actually increase costs.
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Nintendo Wii U
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Wednesday March 5th
Central Blair Recreation and Park Commission
Fundraising Talent Bank
Deadline for applications March 10th
Alto Model Train Museum Association Scalefest
Sunday March 9th 9am to 2pm
Monday February 24th
James B. Huntington, PH.D
Choosing a Lasting Career
The Job-by-Job Outlook for Work's New Age
Work's New Age Blog
Tuesday February 25th
The Blair County Home Show
Feb 28th - March 2nd - Jaffa...