DeLuca bill to support taxpayers by limiting “pension hopping” for public officials
PITTSBURGH, May 19 – State Rep. Tony DeLuca, D-Allegheny, has authored a bill that would limit a public official from what he calls “pension hopping.”
“At a time when many Pennsylvanians are struggling to save for retirement, I do not think it is right that a public official can become vested in one government pension system and then move on and become vested in another government pension system,” DeLuca said.
House Bill 1442 would limit future public officials to one pension that is funded by state or local tax dollars. Under the bill, public officials who are eligible for two or more pensions funded by state or local tax dollars would be able to choose which pension they would like to receive or would automatically receive the highest pension. The bill would not apply to beneficiaries or any pension funded by the federal government.
“This legislation is just good government,” said DeLuca. “Limiting pension hopping adds transparency to the process and saves taxpayer dollars, which are contributing to government pension systems.”
H.B. 1442 has been referred to the House State Government Committee for consideration.