(Jun 30, 2015)
HARRISBURG, June 30 – State Rep. Rob Matzie, D-Beaver/Allegheny, made the following statement after voting against a bill to change the pension system for state employees and school teachers:
"Today the House passed an amended version of Senate Bill 1, the so-called 'pension reform' bill. I voted no on this sham of a bill for several reasons.
"This measure has absolutely nothing to do with the nearly overdue state budget, and any claims to the contrary are outright falsehoods.
"This bill was introduced by the Republican majority, with no input from Democrats, to address the – their words -- pension 'crisis.' This is irony at its finest, as it was the Republicans, along with former Governor Corbett, who manufactured this 'crisis' by slashing education funding and skipping the state’s pension obligation payments. Payments, by the way, that they plan to skip yet again in their budget proposal.
"The problem most cited by Republicans is reducing the pension systems’ unfunded liability. But S.B. 1, by their own admission, does not reduce the unfunded liability any faster or more substantially than the current system. In fact, financial analysis shows that the current system works better at reducing the future liabilities.
"Senate Bill 1 is about cutting benefits to working people, period. Make no mistake – if you, friends, family or someone you know works for the Commonwealth or for a public school -- the Republican majority are coming for your livelihood. Their as Read more