Grell “Cash Balance” plan gains PERC approval

Grell “Cash Balance” plan gains PERC approval

Another effort to solve the state’s pension crisis cleared a significant hurdle today, as the actuarial note to an amendment by Rep. Glen Grell (R-Cumberland) to HB 1353 was approved by the Public Employee Retirement Commission (PERC).
Wednesday, July 30, 2014/Author: Mike Howells
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VIDEO: Rep. Grell discusses pension plan after latest PERC meeting

VIDEO: Rep. Grell discusses pension plan after latest PERC meeting

Following today's Public Employee Retirement Commission (PERC) meeting, Rep. Glen Grell (R-Cumberland) gives a few comments about his cash-balance pension reform plan that was discussed by the Commission. 

Wednesday, July 30, 2014/Author: Alanna Koll
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Philadelphia school funding in limbo as House decides whether to hold session

As the House continues to gavel in and out of non-voting session and rumors swirl about the possibility of session next week being cancelled, Philadelphia schools are losing out on critically needed money as they await the finalization of a cigarette tax authorization bill.

The bill—House Bill 1177—is expected to be the top item of the legislative agenda if the House returns to voting session next week. It is anticipated to generate up to $83 million in funding for Philadelphia public school funding in the first year. 

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Tuesday, July 29, 2014/Author: Jason Gottesman
Categories: News and Views
CAPITOL CROWD: Michael Schwoyer, Special Counsel to the House Democratic Leader

CAPITOL CROWD: Michael Schwoyer, Special Counsel to the House Democratic Leader

The PLS Reporter sat down with Michael Schwoyer, Deputy Chief of Staff and Special Counsel to the House Democratic Leader to talk about his duties at the Capitol, as well as how he got to where he is today. 

Tuesday, July 29, 2014/Author: Alanna Koll
Categories: VideoCapitol Crowd
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Rep. Grell says his pension reform plan to be better positioned following PERC action

With the House scheduled to come back to Harrisburg next week, one pension reform concept is regaining some momentum.

Wednesday, the Public Employee Retirement Commission (PERC) is scheduled to consider Rep. Glen Grell’s (R-Cumberland) cash-balance pension reform plan, which he has filed as an amendment to House Bill 1353, the main pension reform plan being considered by the House.

Rep. Grell hopes that the PERC analysis will help his amendment win over more supporters and knows that at a minimum, completing the crucial analytical process puts the bill in position to move.

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Monday, July 28, 2014/Author: Jason Gottesman
Categories: News and Views
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