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SB 1 Wrong Starting Point for Pennsylvania Pension Changes

Insistence of Lawmakers on Pension Plan That Would Hurt Taxpayers, Public Employees and the Quality of Schools and Other Public Services Is Misguided Date of Press Release: August 20, 2015 Attachment:...

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The State of Working Pennsylvania 2015

Authors: Mark Price Authors: Stephen Herzenberg Publication Date: September 2, 2015 Attachment: Download the Research Report (pdf)Read the press releaseDownload the full reportExecutive SummaryThe...

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KRC Finds The State of Working PA 2015 Is Improving but Still Precarious

State Budget Deadlock, Stagnant Wages & Incomes, Threaten PA’s Recovery Date of Press Release: September 2, 2015 Attachment: Download the press release (pdf)Read the full reportHARRISBURG, Pa. –...

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SB 1 Would Make Young Workers Pay for Politicians’ Mistakes

Authors: Stephen Herzenberg Publication Date: September 30, 2015 Attachment: Download pension primer #14 (pdf)Read the press releaseGov. Wolf has indicated his willingness to modify pensions for...

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SB 1 Would Make Young Workers Pay for Politicians’ Mistakes

PA Public Employee Retirement Benefits Would Be Lowest of Any Large Public Plan in U.S. Date of Press Release: September 30, 2015 Attachment: Download the press release (pdf)Read pension primer...

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A Silk Purse from a Sow’s Ear: Making the Best of a Side-by-Side Hybrid Pension

Authors: Stephen Herzenberg Publication Date: November 18, 2015 Attachment: Download pension primer #15 (pdf)Read the press releaseDownload pension primer #15The tentative budget framework negotiated...

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Keystone Research: PA Budget Framework’s Pension Deal Needs Major Upgrade

It’s Better than SB1 but Will Still Cut Benefits for New Teachers, Nurses & Other State Workers While Increasing Costs & Doing Nothing to Reduce State’s Unfunded Pension Liability Date of...

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Budget Framework Pension Deal Undercuts Retirement Security Without Saving...

Authors: Stephen Herzenberg Publication Date: November 25, 2015Download these talking points (pdf) Budget Framework Pension Deal Undercuts Retirement Security Without Saving Money for Taxpayers Budget...

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Editorial Board Memo: Pennsylvania’s Proposed Hybrid Pension

Date of Press Release: December 9, 2015Download a PDF VersionTo: Editorial Page Editors, Editorial Board Members, and Capitol Reporters and ColumnistsFrom: Stephen Herzenberg, Ph.D., Executive...

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Four Key Facts: Why Pension Cuts in SB 1071 Are Bad For Taxpayers

Date of Press Release: December 19, 2015 Attachment: Download Four Key Facts (pdf)FOUR KEY FACTS: WHY PENSION CUTS IN SB 1071 ARE BAD FOR TAXPAYERSActuarial studies released by Pennsylvania’s Public...

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Five Reasons Lawmakers Should Reject Three-Way Hybrid Pension Plan

Authors: Stephen Herzenberg Publication Date: October 21, 2016Pennsylvania legislative leaders are considering trying to shoe-horn into the end of the legislative session a pension proposal that is an...

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RELEASE: Analysis of New Pension Bill Shows No Savings for State, Major...

Date of Press Release: October 25, 2016HARRISBURG – As GOP lawmakers ready a new “three-way hybrid” pension bill, the Keystone Research Center today released a report that shows the bill would not...

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STATEMENT: KRC On the Senate Passage of the Pension Reform Bill

HARRISBURG – In the wake of a PA Senate vote to pass a pension reform bill, Keystone Research Center economist and Executive Director Stephen Herzenberg issued the following statement:“The five-party...

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Top 10 Facts on SB 1

Authors: Stephen Herzenberg Publication Date: July 6, 2015 Attachment: Download pension facts on SB 1 (pdf)Read the press releaseSenate Bill 1 (Amendment 02701) would remove future Pennsylvania state...

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The Facts Demand That Gov. Wolf Veto Senate Bill 1

A Veto Will Benefit Taxpayers and Public Employees, While Helping to Improve the Quality of Schools and Public Services Date of Press Release: July 6, 2015 Attachment: Download the press release...

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