13 March 2012 0 Comments

Pennsylvania Pension Pension Vote of 2001 and Costs for PSERS and SERS rise dramatically as was entirely foreseeable.

Pennsylvania Pension Costs for PSERS and SERS rise dramatically as was entirely foreseeable.

Unfunded mandate of $40B has to be dealt with regardless  PaIndependent 24 Feb 2012

Citizens Alliance of Pennsylvania (30 Jan 2012)  reminds us of the infamous 2001 Pension Vote that started the juggernaut of escalating pension costs.

walking, inexorable, toward fiscal disaster

 

Citizens Alliance of Pennsylvania inform us (30 Jan 2012): “The Corbett administration is projecting that its school employee pension obligations will rise by $320 million next year — or more than 50 percent — after more than doubling in this fiscal year.

Commonwealth Foundation gives us the numbers and the policy analysis : Pennsylvania State Pension Liabilities (30 June 2011).

 

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