December 19, 2015

House Appropriations Reports Pension Bill To Full House For Final Vote

By a party line vote of 22 to15, the House Appropriations Committee reported the pension reform bill-- Senate Bill 1071 (Browne-R-Lehigh)-- to the full House for a final vote.   Rep. Bill Adolph (R-Delaware), Majority Chair of the Committee, said Gov. Wolf will sign the bill.
Rep. Joe Markosek (D-Allegheny) opposed the bill saying it would cost taxpayers $2.3 billion over the next 30 years and “only” save the employee retirement funds $2.7 billion.
A House Fiscal Note and summary is available.
PLS: Markosek Says House Dems Never Agreed With Pension Bill