Governor Corbett Commends Senate Finance Committee for Vote toward Pension Reform

Statement

Governor Tom Corbett released a statement today in response to the Senate Finance Committee taking another step toward pension reform by voting Senate Bill 922 out of committee:

"I want to commend Senator Mike Brubaker (R-Lancaster) and the Senate Finance
Committee for voting Senate Bill 922 out of the Senate Finance Committee today.

"Today's vote is a positive step toward pension reform in Pennsylvania.

"The introduction of a defined contribution plan for future employees protects the
future of our pension systems by shifting investment risk away from taxpayers,
while also providing a best-in-class plan for future employees.

"We will continue to work with the legislature to address other aspects of pension
reform."

Source