Pennsylvania Governor Corbett Commends Senate Finance Committee for Vote toward Pension Reform

Jun 19, 2013, 16:16 ET from Pennsylvania Office of the Governor

HARRISBURG, Pa, June 19, 2013 /PRNewswire-USNewswire/ -- Governor Tom Corbett released a statement today in response to the Senate Finance Committee taking another step toward pension reform by voting Senate Bill 922 out of committee:

"I want to commend Senator Mike Brubaker (R-Lancaster) and the Senate Finance Committee for voting Senate Bill 922 out of the Senate Finance Committee today.

"Today's vote is a positive step toward pension reform in Pennsylvania.

"The introduction of a defined contribution plan for future employees protects the future of our pension systems by shifting investment risk away from taxpayers, while also providing a best-in-class plan for future employees.

"We will continue to work with the legislature to address other aspects of pension reform."

For more information about pension reform, visit

Media contacts: Christine Cronkright, Governor's Office, 717-783-1116
Jay Pagni, Budget, 717-787-2542

SOURCE Pennsylvania Office of the Governor