Tobash Responds to Governor’s Veto of Public Pension Reform
HARRISBURG – Earlier today, Gov. Tom Wolf vetoed
Senate Bill 1,
a public pension reform measure that would establish a hybrid
401(K)-type and cash balance pension plan for future state and school
employees. Rep. Mike Tobash (R-Schuylkill/Dauphin), a long-time advocate
of public pension reform, issued the following statement in regard to
the governor’s announcement:
“The largest problem Pennsylvania faces is its ability to absorb nearly
$2 billion in increased public pension costs in our state budget. This
problem is also crushing our schools. Reform to a system that has been
mismanaged by state government for decades needs to be enacted for the
good of our children, retirees and taxpayers, along with state and
school employees.
“Today, the governor vetoed the pension reform measure the General
Assembly approved last week. Continuing to ignore the problem is not the
solution, as maintaining the status quo is not good for anyone.
Pennsylvania needs to join the many other states that realize government
needs to operate more like the private sector to effectively serve its
citizens.
“Pennsylvania is in dire need of meaningful public pension reform, and
this plan would have done so without adding to our debt burden. I am
deeply disappointed in the governor’s decision to veto this much-needed
plan.”
For more information about this, or any other state-related issue,
contact Tobash’s district office in Schuylkill Haven located at 988 East
Main St., by calling 570-385-8235. Information can also be found online
at:
RepTobash.com or
Facebook.com/RepTobash.
Representative Mike Tobash
125th District
Pennsylvania House of Representatives
Media Contact: Krisinda Corbin
717.705.2032
kcorbin@pahousegop.com
www.RepTobash.com /
Facebook.com/RepTobash