Pension reforms aim to back-load benefits and keep workers longer
Governor signs pension fixes to make benefits more fair for younger workers. Supporters argue traditional designs incentivize staying in public service, while critics note many employees leave before vesting, diminishing retirement outcomes. Research cited shows 22 years needed in California for better pension than 401 k style plans.
MENTIONED IN THIS ARTICLE
Paul
The
Urban Institute
California
Pennsylvania
Pamela
Williams
Diane Oakley
National Institute On Retirement Security
Oakley
Pension reform wins backing from two local officials
State Sen. Elder Vogel Jr and State Rep. Aaron Bernstine praised a bipartisan pension bill. Vogel said the measure limits future taxpayer liabilities while keeping competitive retirement benefits for school and state workers. Bernstine called it a meaningful step that reduces unfunded liabilities by over 5 billion and shifts risk away from taxpayers, while noting it is not a complete fix.
MENTIONED IN THIS ARTICLE
Elder Vogel Jr
Senate
Aaron Bernstine
Bernstine
Officials react to pension reform plan in Pennsylvania schools
Local officials warn of difficult years ahead as pension reform spares some districts from budget shocks now but shifts costs long term. Dr. Jeffrey Matty of Wilmington Area School District notes no budget impact for a decade while voicing concerns about attracting talent in languages, math and science. Mohawk Area’s Michael Leitera and Shenango Area’s Michael Schreck see little immediate effect but call the action a step forward with effects starting in 2019.
MENTIONED IN THIS ARTICLE
Jeffrey Matty
Wilmington Area
Pennsylvania
Michael Leitera
Mohawk Area
Wolf
Michael Schreck
Shenango Area
Seniors create art for summer Lawr ence Co festival
In Lawrence County Keller Jones outlines three workshops for seniors at Challeng es Options in Aging Shenley Square June 26 to Aug 30. Tell the Tale Make It Move and Bring It to Life cover storytelling video collages and movement to craft a fish story to be shown at the Sept 9 Arts on the Riverwalk festival. No experience needed and registration by June 23 at 724 658 3729.
MENTIONED IN THIS ARTICLE
Lawrence County
Keller-Jones
Mary Black
Tin Mill
Shenango China
Cascade Park
Shenley Square
Mercer Road
Shari Mastalski
Tom Stoops
Sarah Parish
Hoyt
Keller- Jones
Arts on the Riverwalk festival in New Castle
The Arts on the Riverwalk festival is set for September 9 from 3 to 9 p.m. in downtown New Castle. Features include an artists market with paintings pottery jewelry photography and glass street performers musicians dancers chalk artists live entertainment with Coleville Reunion Band Swear and US4Now and a film festival. Include make and take activities for all ages upcycled jewelry printmaking tie dye puppets and bubble wands plus a local art competition entry by August 19 at the Hoyt Center. Fireworks at 9 p.m. For applications and deadlines visit hoytartcenter.org or call Melissa Maiella at 724 652 2882 ext 17.
MENTIONED IN THIS ARTICLE
New Castle
eLive Entertainment
Coleville
Swear
Us4now
Hoytartcenter.org
Hoyt
Melissa Maiella
Hoytartcenter. Org
Courthouse Closed Wednesday For Flag Day Observance
The Lawrence County courthouse will be closed Wednesday in observance of Flag Day. Lawrence County Community Action Partnership will also pause operations, though ACTS vans will continue running.
MENTIONED IN THIS ARTICLE
Lawrence County
Lawrence County Community Action Partnership
ACTS
Also Mentioned on This Page
Hile
State Employees Retirement System
Evelyn Williams
PSERS
Tom Wolf
Jake Corman
Centre
Harrisburg
House
Dave Reed
Indiana
Vogel
Sen Elder Vogel Jr
Aiken Refuse
Orr
Medigal
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