For 2015, the obligations will be $6.4 million — nearly $4 - TopicsExpress



          

For 2015, the obligations will be $6.4 million — nearly $4 million of which will be borne by city taxpayers. And they will rise in the years ahead. Without reforms at the state level, the Gray administration projects a general fund deficit of $4.5 million for Lancaster in 2018. Gray told the LNP Editorial Board on Tuesday that legislators from his own party — the Democrats — have been unhelpful in tackling meaningful pension reform. But the Republicans haven’t been much help either, with the notable exception of state Rep. Seth Grove, of York County, who has been working on municipal pension reform. Beyond the pain of paying the employer share of the benefit increases included in a pension boost the Legislature approved in 2001, municipalities face unsustainable costs. Legislation proposed by Grove would help them stem those costs. lancasteronline/opinion/editorials/pension-tax-reform-needed-to-sustain-pennsylvania-s-cities/article_398132ae-74fa-11e4-8588-77df5539e92f.html
Posted on: Mon, 01 Dec 2014 13:00:00 +0000

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