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The Scranton Times Looks at the Public Pension Problem

October 31, 2013

The Scranton Times takes an insightful look at municipal pension problems in a recent series that included interviews with PEL Executive Director Gerald Cross.

Click on the links below to read the series:

Newspaper’s investigation finds municipal pension plans underfunded

Moosic taxpayers haunted by 2007 decision to double pension benefits

Clarks Summit police chief earns more $113G between his salary and Carbondale pension

Carbondale boosts pension perks to get three cops to retire

Program lets public employees work while amassing additional retirement nest egg

Newton Twp. police chief boosts pension amid lax oversight

Scranton’s pension plans on fast road to ruin

Experts mixed on borrowing to shore up pension funds

Pension funds can be fixed, but cost will be high

In Lackawanna, not all plans are doing badly

Filed Under: Local Government Reform, Local Taxes, Municipal Finances, Pension Reform

Thoughts on the Public Sector Pension Problem

October 30, 2013

Noted pension expert and Pennsylvania Economy League associate Richard C. Dreyfuss weighs in on public sector pension woes in two Manhattan Institute reports:

Fixing the Public Sector Pension Problem

Twenty Myths About Public-Sector Pension Plans

Filed Under: Pension Reform

What to do About Public Pensions? Options for Funding and Reform

June 19, 2013

The Executive Committee of Temple University’s Center on Regional Politics recently identified options to address Pennsylvania’s public pension funding crisis. Click to read the Pension Working Group report.

Filed Under: Local Government Reform, Municipal Finances, Pension Reform, School District Finances