State House Sound Bites

Capitol reporter Mary Wilson covers Pennsylvania politics and issues at the Pennsylvania state capitol.

Corman: late pension bill, late budget

Written by Mary Wilson, Capitol Bureau Chief | Mar 23, 2015 8:11 PM

A top Republican in the state Senate said Monday that he's prepared for a late budget.

The commonwealth's spending plan is due June 30, and in recent years the GOP caucuses followed the lead of former Gov. Tom Corbett and his priority to meet that deadline.

This year, Senate Republicans have insisted their top priority is passing a public pension overhaul that reaps short-term and long-term savings for the state's deeply indebted retirement systems.

Senate Majority Leader Jake Corman said if pension talks stretch into the fall, so will the budget process.

"Pensions is the budget," said Corman. "It's the budget for school districts, it's the budget for the state - it's the budget."

Corman said a Senate GOP pension proposal could be introduced next month that would switch future state hires to a 401(k)-style retirement benefit.

"We're not doing a budget without it," said Corman. "We can't."

Gov. Tom Wolf does not support changes to state pensions. The Republican-controlled legislature could not pass a pension overhaul during Corbett's four- year term.

Published in State House Sound Bites

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Comments: 1

  • Larry img 2015-03-24 08:31

    Why is pension reform a priority now, and not a priority in the past four years with a republican budget?

    Governor Wolf does have a plan to reduce management fees and provide a restricted account to fund pensions until a compromise is obtainable.

    What republicans are doing is obstructing the budget process because they do not as yet have a budget of their own.

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