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This state budget must include fix for pension crisis

February 16, 2014

Pennsylvania ranks 48th out of the 50 states when they are measured by the share of annual pension contributions made since 2003....

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Waggybaggits

Mar-08-14 12:23 PM

The pension system must be dealt with now - and the answer is not easy or painless. The unions knew that it was unsustainable but didn't care - this is why they were "needed" and so many people support unions. Why would you continue to promise all of this if you didn't have the money or the numbers to support the funding? You should operate on a budget. This budget was unsustainable when everything was being promised for the last few decades, if not longer. Everyone wants to "fix it" but not have their own pension touched. That is why so many other states are going bankrupt - not enough money for the pensions. Our state is no different...promises made that cannot be kept. Everyone will have to give on this, not just new employees. So many state, federal and school employees do not want to budge, but the entire system is going to crash. There is no easy or painless way. Everyone is going to have to "suck it up" and lose some of their benefits -

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