(Jun 14, 2016)
HARRISBURG, June 14 – State Rep. Mike Schlossberg, D-Lehigh, today released the following statement after the House of Representatives passed a pension reform bill:
“Since taking office, I have repeatedly voted in opposition to a variety of pension reform proposals. In each instance, I was concerned about the constitutionality of the proposals; the impact the proposals would have on current, future and retired employees; the degree to which the proposals would undermine retirement security; and, finally, the negative financial impact these proposals would have on the taxpayers of Pennsylvania.
“Recently, I voted in favor of Senate Bill 1071 because I believe it preserves benefits for current employees, maintains a benefit system providing for retirement security and allows current, retired and future employees to benefit from that same retirement security. I do believe this legislation is necessary to ensure the long-term solvency of Pennsylvania’s system of retirement for public employees.
“Senate Bill 1071 is a reflection of the compromise Harrisburg has not had since before I took office. Last year, a variety of proposals, which would not have withstood constitutional scrutiny and left our retirement system in shambles, were approved by the General Assembly, mostly along party lines. Thankfully, those proposals were vetoed by Governor Tom Wolf. At the same time, the 2015-16 budget accomplished very little in the way of new investments in education, a direct result of t Read more