Municipal Pension Bill Could Be First Step in Broader Reform

House Bill 1581 introduced by Rep. Seth Grove (R-York) took center stage in a number of events Tuesday and could foreshadow the first step in broader pension reform.

The legislation would reform municipal pensions by moving them to a cash balance plan where benefit holders will have individual accounts that are added to in the fashion of a defined benefit plan and paid out in the form of a defined contribution plan. Under the bill the employer contribution would be 4.5 percent and employees would contribute either six percent or nine percent, depending on whether they receive Social Security payments.

According to Rep. Grove, the plan also provides for an avenue to pay off the unfunded liability and remove pensions from binding arbitration.

To find out if the legislation will pass in its current form and how it plays into broader pension reform plans, CLICK HERE.

Tuesday, April 8, 2014/Author: The PLS Reporter
Categories: News and Views

Lottery Profit Margin Relief Bill Clears Committee

Tuesday morning the House Finance Committee unanimously voted out House Bill 2110 with amendment to be considered by the full House.

The legislation, which provides for so-called “margin relief,” lowers the required rate of return on profits from the Pennsylvania Lottery from 27 percent to 25 percent. The bill would also make the profit margin permanent.

An amendment adopted in committee makes the legislation apply to the coming fiscal year and makes permanent Lottery reporting requirements.

CLICK HERE to read more and find out about a competing Senate bill and when the legislation might be considered by the full House.

Tuesday, April 8, 2014/Author: The PLS Reporter
Categories: News and Views

Rep. Santarsiero Calls for Eating Disorder Education in Schools

Rep. Steve Santarsiero (D-Bucks) unveiled legislation today that would require school districts to share information about eating disorders in fifth through 12th grades.

HB 1959 includes guidelines that would allow school boards to voluntarily develop an eating disorder screening program, specify training requirements for personnel and volunteers, and provide the framework for parental notification procedures in the event of a positive indication of an eating disorder. Rep. Santarsiero was joined by Sen. Chuck McIlhinney (R-Bucks) and Sen. Daylin Leach (D-Montgomery) in introducing this legislation in the Capitol media center.

Tuesday, April 8, 2014/Author: The PLS Reporter
Categories: Event Central

BAYADA Home Health Care Recognizes “Champions”

BAYADA Home Health Care held an awards ceremony during the seventh annual BAYADA Day Tuesday in the Main Capitol Rotunda.

The first annual BAYADA Home Health Care Champion Award was established to recognize those government officials who have consistently supported their mission and were given this year to Sen. Pat Vance (R-Cumberland), Rep. Marguerite Quinn (R-Bucks) and Secretary of Aging Brian Duke.

Tuesday, April 8, 2014/Author: The PLS Reporter
Categories: Event Central

Sen. Leach to Expand Disabled Veterans' Real Estate Tax Exemption Program

Sen. Daylin Leach (D-Montgomery) unveiled  legislation regarding disabled veterans’ at the Capitol Tuesday.

SB 1335 would expand the existing real estate tax exemption program so that more of Pennsylvania’s military families are eligible. Sen. Leach stated that his bill would eliminate the “Period of War” requirement and allow veterans with a disability rating to take a percentage exemption off of their real estate taxes that is equal to their disability rating.  

Tuesday, April 8, 2014/Author: The PLS Reporter
Categories: Event Central
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