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Tuesday, June 13, 2017

Pennsylvania Governor Tom Wolf Speaks Out On Pension Reform Legislation He Signed Into Law

Governors in years past have tried and failed to reform our pension system, allowing politics as usual to persist in Harrisburg and our commonwealth's fiscal problems to grow.

Today, we took another step toward fixing Harrisburg and putting the financial security of Pennsylvania first.

After working together with a bipartisan group of legislators, I signed Senate Bill 1 to reform our state pension system by reducing risk to Pennsylvania taxpayers, continuing to pay down our debt, and slashing Wall Street fees while still offering state employees fair benefits and easing the financial burden on our school districts in the long term.

The Pew Charitable Trusts called it "one of the most -- if not the most -- comprehensive and impactful reforms any state has implemented," and a group of leading business organizations in Pennsylvania joined together to call this bill "historic and meaningful legislation."

Since I've taken office, we've made historic investments in our schools, protected programs and services for our seniors, and started to grow our economy again. We reformed the liquor system, passed medical marijuana -- and now, we can add pension reform to the list.

Despite all the political division nationally, we're proving here in Pennsylvania that's it's possible for Democrats and Republicans to come together and get things done.

I'm going to continue to fight to push Pennsylvania forward, but I need your help to get the budget across the finish line. With you working alongside me, I know we'll continue investing in our children's education, make sure big oil and gas companies pay their fair share, and close loopholes that give special interests an unfair advantage.


Anonymous said...

Isn't that cute, he thinks he's fixing Harrisburg politics, aaaahhhh

Jaughn Eggandflour said...

isnt medical marijuana a loophole to make it easier to take grandmas medicine, the kind of loophole he wants to close???maybe pension reform wouldn't be necessary if all parties involved would have paid the money they were supposed to instead of "investing" in education.

Anonymous said...