pa-pensions

Pa. Auditor General Tim DeFoor

Report: Nearly 22% of Pa.’s municipal pension plans are in distress | Tuesday Morning Coffee

BY: - June 6, 2023

'It is our obligation to make sure these pension plans are in good enough shape' for retirees, Auditor General Tim DeFoor said.

Pa. bills would boost benefits for retired teachers, state employees | Thursday Morning Coffee

BY: - February 9, 2023

Retired teachers and state employees have not received a cost-of-living adjustment to their pensions in more than 20 years.

Senate Dems push pension hike for retired teachers, state employees | Wednesday Morning Coffee

BY: - September 21, 2022

Teachers and state employees have not received a cost-of-living adjustment to their pensions in more than 20 years.

The ceiling of the main Rotunda inside Pennsylvania’s Capitol building. May 24, 2022. Harrisburg, Pa. (Photo by Amanda Berg, for the Capital-Star).

Feds drop probe of Pa. teachers’ pension fund property purchases

BY: - August 2, 2022

The U.S. Attorney's Office in Philadelphia confirmed that an investigation of property purchases by PSERS is closed and the fund's chairperson said no civil or criminal charges are expected.

Pennsylvania lawmakers look to pull public funds from Russia amid war in Ukraine

BY: - February 28, 2022

The exact impact of each move will vary, from $1.1 million in Russian-made vodka to potentially billions in retirement funds. But each dollar will count.