Bill Text: PA HR31 | 2009-2010 | Regular Session | Introduced

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Bill Title: A Concurrent Resolution directing the Legislative Budget and Finance Committee to conduct a study of the State Employees' Retirement System and the Public School Employees' Retirement System and to make recommendations directed at ensuring solvency of each pension system and at limiting excessive tax increases on State and local taxpayers.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2009-01-30 - Referred to FINANCE [HR31 Detail]

Download: Pennsylvania-2009-HR31-Introduced.html

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PRINTER'S NO. 104
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE RESOLUTION
No. 31 Session of2009
INTRODUCED BY YUDICHAK, McILVAINE SMITH, PALLONE, FRANKEL, BAKER, BARRAR, BEAR, BEYER, BOBACK, BRENNAN, CALTAGIRONE, CREIGHTON, FAIRCHILD, FLECK, GIBBONS, GILLESPIE, GOODMAN, GROVE, HARRIS, HENNESSEY, KORTZ, LONGIETTI, MAHONEY, MANN, MILLARD, MUNDY, MUSTIO, PAYNE, PETRI, PICKETT, QUINN, READSHAW, REICHLEY, ROAE, ROHRER, SANTONI, SCAVELLO, SIPTROTH, SOLOBAY, STABACK, STEVENSON, VULAKOVICH AND WHITE, JANUARY 30, 2009
REFERRED TO COMMITTEE ON FINANCE, JANUARY 30, 2009
A CONCURRENT RESOLUTION
Directing the Legislative Budget and Finance Committee to
conduct a study of the State Employees' Retirement System and
the Public School Employees' Retirement System and to make
recommendations directed at ensuring solvency of each pension
system and at limiting excessive tax increases on State and
local taxpayers.
RESOLVED (the Senate concurring), That the General Assembly,
in response to the recommendations made by the 2005 Commonwealth
of Pennsylvania Governor's Report, Retiring Pennsylvania's
Pension Challenge: Eliminating the 2012-2013 Rate Spike and in
response to the current economic hardship throughout the
Commonwealth, direct the Legislative Budget and Finance
Committee to conduct a study of the State Employee's Retirement
System and the Public School Employees' Retirement System; and
be it further
RESOLVED, That the Legislative Budget and Finance Committee
include within the study:
(1) An analysis of the current funding sources for the
pension systems.
(2) Recommended changes that would help ensure solvency
of the pension systems.
(3) Recommended measures for funding the pension
systems.
(4) Recommended measures to ensure the limitation of
taxation for the purpose of funding the pension systems;
and be it further
RESOLVED, That the Legislative Budget and Finance Committee
report to the General Assembly the results of its study and its
recommendations and file the report with the Secretary of the
Senate and the Chief Clerk of the House of Representatives
within six months of the adoption of this concurrent resolution.
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