The bill had been sent to the committee the day before on a 107-96 floor vote in a hope to kill it. All Democrats voted aye joined by 15 Republican backstabbers.
HB 1353 would allow current state employees to keep their sweet defined-benefit pension plans but place new workers in a 401 (k) type defined contribution plan.
Pennsylvania’s pension systems are $50 billion in debt. If the Republican-controlled legislature can’t get this small but necessary step taken towards fixing Pennsylvania’s financial problem any small sliver of hope Corbett has towards re-election vanishes as does fixing Pennsylvania’s financial problem.
Corbett Pension Reform ReReported From Human Services