‘Stacked hybrid’ pension plan pitched for long-term savings in Pa.
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Pension Reform Benefits Teachers & Taxpayers
Standard & Poor’s recently issued a stern warning that they would lower Pennsylvania’s bond rating—making it more expensive for the state to borrow money—unless they “adopt meaningful pension reform.” This…
Commentary
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Report: Pa. needs a 401(k)-style plan for employees
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Use School Reserves to Fund Pensions
In 2013, Pennsylvania school districts increased their reserve funds by $445 million—to a total approaching $4 billion as of June 30, 2013—according to the latest data from…
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Power Cycle Preventing Progress
In a recent Philadelphia Inquirer editorial, the paper expressed its frustration with the lack of progress on critical issues facing the commonwealth. While CF doesn’t agree that all of…
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Pension Study: PA’s Economy Can Still Be Saved
For Immediate Release Commonwealth Foundation Contact: 717-671-1901 It’s Not Too Late to Save PA’s Economy Pension Reform: Learning from Others May 27, 2014, Harrisburg, Pa. – Pennsylvania…
Press Release
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Stopping the Sinkhole
Evidence from the private sector and some reformed public sector pension programs shows that pension reform is possible and creates significant savings to firms in the private sector and taxpayers…
Report
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Philadelphia Charter Schools Fight for Students
In the search for a solution to its nearly $30 million year-end deficit—not to mention a projected $216 million budget gap next year—the School District of Philadelphia is once…
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