Public pensions have created one of the worst financial crises in Pennsylvania’s history—a monstrous, $50 billion debt that Gov. Wolf can no longer ignore. To prevent the crisis from growing, the state Senate passed Senate Bill 1 to convert a broken retirement system into a stable and fair plan for public employees and taxpayers.
Matt Brouillette, CF’s president & CEO, sat down with Mike Pintek on KDKA to discuss these legislative and structural reforms.
Meanwhile, government union leaders are attempting to fight pension reform by making deceptive (and debunked) claims, which Matt refutes. He points to pension debt projections for local school districts that simply “do not have enough money in [their] communities to pay”.
Click here or listen below to hear more.
Mike Pintek appears on 1020 KDKA weekdays from noon to 3 pm.
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