Governor Corbett‰’s Pension Plan a Step Backwards

Stephen Herzenberg |

The Keystone Research Center has assessed Governor Tom Corbett’s plan for school employee and state worker pensions based on the criteria set forth in a memo to news media on February 4, 2013. We find that the Governor’s proposal falls short on many levels, driving up pension costs for the state and taxpayers, and shorting state contributions to pensions yet again.