Current state workers would pay more toward the ballooning cost of their pensions and receive less generous benefits in retirement under a proposal put forward by House leadership Wednesday and immediately blasted by union leaders.
The package of reforms presented in the House Government Operations Committee attempts to confront a pension crisis that has deepened with the revelation in the fall that the state system is $600 million worse off than previously revealed.
“Nobody likes the situation we’re in,” Rep. Sarah Copeland Hanzas (D-Bradford) told her colleagues as she presented the preliminary plan. “But we are looking to try to find the right combination of changes that will make this more sustainable for the General Fund as well as for the retirees and beneficiaries.”
Union officials unloaded on the plan, saying it has not been crafted transparently, unfairly burdens workers and represents a failure of leadership to tackle the problem …