Bernstine Backs Pension Reform to Better Protect Taxpayers
HARRISBURG – Rep. Aaron Bernstine (R-Beaver/Butler/Lawrence) issued the following statement after the House of Representatives’ bipartisan vote to reform Pennsylvania’s two public pension systems, which have a combined unfunded liability of more than $62.7 billion: “While this legislation won’t make all our pension problems disappear, it represents a meaningful step that will reduce our massive unfunded liability by more than $5 billion. Most importantly, it shifts financial risk away from our hard-working taxpayers. Every dollar we add to our pension debt threatens the quality of our schools and the paychecks of our taxpayers, and we need to stop adding to…
