State Budget
Understanding the Pennsylvania State Budget
Pennsylvania's total state operating budget for FY 2010-11 is approximately $65.4 billion-or $5,193 for every man, woman and child in the commonwealth. This policy brief looks at the entire state…
Fact Sheet
Read More: Understanding the Pennsylvania State BudgetHealth Care
PA liability for state retiree health: $8.8 billion
The PA Office of the Budget released their actuarial report on retiree health care liabilities, revealing that the estimated unfunded liablity as of July 1, 2008 is $8.8 billion…
Media
Read More: PA liability for state retiree health: $8.8 billionHealth Care
The Pension and Healthcare Non-Crisis
Despite the well-documented unfunded liabilities in Pennsylvania’s largest public employee pension plans (PSERS and SERS), the response from Harrisburg to the coming fiscal crisis ranges from denial to paralysis. Following…
Commentary
Read More: The Pension and Healthcare Non-CrisisRegulation
A $2-Trillion Fiscal Hole
Wall Street Journal article estimates the unfunded liabilities of state and local government’s retiree health care plans to be $1.4 trillion, about double the unfunded pension liabilities of $700…
Media
Read More: A $2-Trillion Fiscal Hole