Video: The Differences Between Tom Corbett And Tom Wolf On Pensions

News 8 recently interviewed both Pennsylvania gubernatorial candidates. Here’s the resulting segment — Corbett and Wolf talk about pension reform, benefit cuts and how they plan to address pension funding if elected. A quick summary of where the candidates stand on pensions, from the Associated Press: -Corbett says the burgeoning cost of Pennsylvania’s public pensions … Continue reading Video: The Differences Between Tom Corbett And Tom Wolf On Pensions

Fact Check: Has Tom Corbett Been Shorting The Pension System?

Tom Corbett has used the campaign trail to paint himself as a pension reformer – Corbett, the incumbent governor of Pennsylvania, says the pension system needs to be overhauled and supports a plan to shift public workers into a 401(k)-style plan. His opponent, Tom Wolf, disagrees. Wolf says the problem isn’t the current system—it’s the … Continue reading Fact Check: Has Tom Corbett Been Shorting The Pension System?

The Difference Between Tom Corbett and Tom Wolf on Pensions

Despite a lack of voter engagement on the issue, pension policy continues to play a large role in the Pennsylvania race for governor. The candidates harbor very different views on how to handle the state’s pension system going forward, but the Associated Press did the service of clarifying where both candidates stand on the state’s … Continue reading The Difference Between Tom Corbett and Tom Wolf on Pensions

What Tom Wolf’s Win Means For Pennsylvania Pensions

Tom Wolf and Tom Corbett had two very different visions for Pennsylvania’s pension system.  If newly-elected Governor Wolf attempts to reform the state’s retirement system, it will look very different than what Pennsylvania residents have experienced over the last few years under Corbett. If Corbett had won, he would have pushed the legislature adopt a … Continue reading What Tom Wolf’s Win Means For Pennsylvania Pensions

Corbett Says He’d Form Pension Commission If Elected To Second Term

We’re three weeks away from the gubernatorial election and incumbent Pennsylvania Gov. Corbett is trailing big in most polls. The theme of his campaign has largely been pension reform, and he has been doubling down on that stance lately. On Wednesday, Corbett told a newspaper that, in addition to calling a special legislative session to … Continue reading Corbett Says He’d Form Pension Commission If Elected To Second Term

Corbett: “Entrenched Interests” Preventing Pension Reform in Pennsylvania

Pennsylvania Gov. Tom Corbett (R) is trailing by double-digits in many polls to opponent Tom Wolf (D) – but his campaign strategy of pushing the need for pension reform appears to be unchanged. Corbett has been the most vocal critic of his state’s pension system, but most of his fellow lawmakers – and voters, for … Continue reading Corbett: “Entrenched Interests” Preventing Pension Reform in Pennsylvania

Think Tank Director: Corbett’s Pension Proposal Would Increase Pension Debt and Reduce Benefits

Stephen Herzenberg, the executive director of the Keystone Research Center, took to the newspaper on Monday to counter Pennsylvania Gov. Tom Corbett’s argument that the best bet for saving the state’s pensions would be to switch new hires into a 401(k)-type plan. Herzenberg claims in an op-ed that such a plan would provide no savings … Continue reading Think Tank Director: Corbett’s Pension Proposal Would Increase Pension Debt and Reduce Benefits

Corbett Promises Special Pension Session If Re-Elected

Pennsylvania‘s incumbent candidate for governor, Tom Corbett, has made pension reform his campaign’s rallying cry. But Gov. Corbett’s calls for reform haven’t been met with much enthusiasm. So Corbett announced this week that, if he is re-elected, he will call a special legislative session specifically to deal with pension reform on the state and municipal … Continue reading Corbett Promises Special Pension Session If Re-Elected

Pennsylvania Gov. Corbett, Trailing in Polls, Says He Will “Force Action” on Pension Reform

There’s less than two months until Pennsylvania residents will decide who becomes their next governor, and incumbent Tom Corbett finds himself trailing in polls by 15 points to Democratic challenger Tom Wolf. Pension reform has been a central facet of Corbett’s campaign, and he doubled down on that stance Wednesday when he said he would … Continue reading Pennsylvania Gov. Corbett, Trailing in Polls, Says He Will “Force Action” on Pension Reform

New Jersey Bill, Now on Christie’s Desk, Would Expand Pay-to-Play Rules for Pension Investments

With all the drama surrounding New Jersey Gov. Chris Christie’s latest round of pension changes, one big pension-related development has been overlooked: on Monday, state lawmakers approved a bill that would expand pay-to-play rules as they relate to pension investments. The bill, which would increase transparency around fees paid to private investment managers, was sent … Continue reading New Jersey Bill, Now on Christie’s Desk, Would Expand Pay-to-Play Rules for Pension Investments


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