Redrawn Districts Knock Region Down; Now It’s Time to Get Back Up
May 10, 2013 Anna McCauslinCategory: State UpdatesBy State Rep. Greg Lucas (R-Erie/Crawford) The state Supreme Court this week approved a redistricting plan that will move the 5th Legislative District from northwestern Pennsylvania to the eastern part of the Commonwealth in Berks County. I currently represent the 5th Legislative District covering parts of Erie and Crawford counties. As a result of the redrawn district ...
Continue ReadingCapitolwire: Is PA’s state pension unfunded liability worse than we think?
May 6, 2013 Anna McCauslinCategory: State UpdatesThe combined unfunded liability for the state’s pension plans earlier this year was reported at about $41 billion. It has since been revised a few more times, to $44.2 billion, and more recently $47.4 billion. That unfunded liability for the State Employees’ Retirement System (SERS) and the Public School Employees’ Retirement System (PSERS) is anticipated to ...
Continue ReadingAudit shows drop in legislative surplus to $140 million, spending increased.
Apr 26, 2013 Anna McCauslinCategory: State UpdatesBy Kevin Zwick Staff Reporter Capitolwire HARRISBURG (April 24) – The Legislature’s overall spending increased last year, while its surplus dropped by about $43 million, a new audit shows. The legislative “reserve” account, often referred to by critics as “a slush fund,” stands at $140.7 million, a $43 million decrease from the prior fiscal year, according to an audit ...
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