Tweets of the Week - July 11, 2019

Tweets of the Week - July 11, 2019

Check out the week as tweeted from lawmakers, influencers, and others around Pennsylvania state government.
Thursday, July 11, 2019/Author: Andrew Bahl
Categories: News and Views
Wolf, Torsella praise Rainy Day Fund deposit but maintain more work needs to be done

Wolf, Torsella praise Rainy Day Fund deposit but maintain more work needs to be done

Gov. Tom Wolf and State Treasurer Joe Torsella on Tuesday cheered a $317 million deposit in the state’s Rainy Day Fund, although they cautioned that more work needs to be done in order to better secure the state’s fiscal future.

Lawmakers elected to plow most of the state’s budget surplus into its cash reserves, which started the year ranked among the worst in the country. The decision was one of bipartisan agreement between Republican leaders and Wolf, although more than half of the surplus will be devoted to paying off pieces of last year’s budget.
Tuesday, July 9, 2019/Author: Andrew Bahl
Categories: News and Views
Torsella unveils plan to help Pennsylvanians save for retirement

Torsella unveils plan to help Pennsylvanians save for retirement

With 2.1 million Pennsylvania residents lacking access to a workplace retirement plan, Treasurer Joe Torsella joined legislators to unveil the final report on the proceedings of the Treasury Private Sector Retirement Security Task Force. 

The Task Force put out a recommendation to establish a state-facilitated automatic individual retirement account (Auto-IRA) program which they hope would be a solution to the state's private sector retirement crisis. 

Wednesday, March 27, 2019/Author: Kara Barmoy
Categories: Video
Final pension commission report aims for three times the required savings with centralized investment office, transparency

Final pension commission report aims for three times the required savings with centralized investment office, transparency

Taking 18,000 pages of notes over seven months of work, the state’s public pension review commission issued seven suggestions Thursday, that they hope could save Pennsylvania as much as $10 billion over the next 30 years.

The commission, led by chair Rep. Mike Tobash (R-Schuylkill) and vice-chair State Treasurer Joe Torsella, was mandated by the 2017 pension bill.

Among its suggestions were a central investment office for the state’s two pension systems, consistently full pension contributions from the state and added transparency measures from the State Employee Retirement System and the Public School Employees Retirement System.
Thursday, December 20, 2018/Author: Stephen Caruso
Categories: News and Views
Tweets of the Week - December 17, 2018

Tweets of the Week - December 17, 2018

Check out the week as tweeted from lawmakers, influencers, and others around Pennsylvania state government.
Thursday, December 20, 2018/Author: Mike Howells
Categories: Features
RSS
12