PA Pension Boost

This article talks about the increase in pensions for Pensilvania state workers. The committe voted to raise pensions from 11.5% to 16%. The raise is needed because the current fund is running low on revenue. This new subsidy will add an additional 1 billion dollars to the current 5.8 billion dollar budget. The cost of this raise is going to fall heavily on the tax payers in PA. Is it reasonable to ask tax payers to continue paying for these pensions? Would it be more beneficial to have a privatized pension?

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *