Recent Issues

Policy Memo: Pension Reform in Pennsylvania

Pennsylvania’s $71 billion unfunded pension liability is unsustainable for taxpayers and puts public employees at risk. Without timely reform, pension payments will crowd out funding for other services, property taxes will rise, and teachers may be laid off.

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A Christmas Wish List for Pennsylvania

“No more lives torn apart, and wars would never start, and time would heal all hearts.” You might recognize those words from the ubiquitous-around-the-holidays song, “Grown-Up Christmas List.” Grown up? Sure. Likely to happen? Not on this planet. Here is a Christmas wish list that can come true and would make Pennsylvania a place where everyone can thrive.

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Union Leaders Kill Critical Pension Reform at Members’ and Taxpayers’ Expense

In a blow to the public employees they claim to represent, government union leaders blocked significant pension reform that would have enhanced choice and portability for new state and public school employees and slowed the accumulation of taxpayer-backed pension debt.

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Recent Blog Posts

Taking the First Step Toward Pension Reform in 2017-18

Pennsylvania lawmakers took the first step toward pension reform in the 2017-18 legislative session, but much work remains. With unfunded state pension liabilities approaching $70 billion, the need for continued reform is urgent. 

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Our Christmas Wish: A Solvent Pennsylvania

“I’m dreaming of a solvent Penn’s Woods/Just like the one we used to know.” Lyrics not worthy of Bing Crosby, but still music to the ears of a growing number of house lawmakers, including one state representative with a “Financial Rescue Plan”.

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Pennsylvania's Pension Systems

Reforms, Remaining Challenges, & Solutions

In 2017, Pennsylvania passed landmark pension reform that will kick in come January. But our $70 billion plus liability is still growing and so is the municipal pension crisis.

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