(Nov 22) Pension reform likely to be next major issue for Legislature to tackle

By Jan Murphy | jmurphy@pennlive.com  on November 22, 2013 at 1:07 PM, updated November 22, 2013 at 3:30 PM

With the historic transportation funding legislation now out of the way, Rep. Glen Grell, R-Hampden Twp., said he is optimistic the pension reform issue that has been a top priority for him will finally move front and center for the Legislature.

Giving it a goose, he said, is anotice sent out to school districts from the Public School Employees’ Retirement System on Thursday advising them for budgeting purposes to prepare for the highest-ever employer contribution rate they ever faced.

The employer contribution rate for districts will jump from this year’s 16.9 percent to 21.4 percent next year. Grell expects that will shake up folks enough to call on their legislators to act.

For school districts, that size of increase can translate to hundreds of thousands, if not millions, of dollars in added cost that can’t be avoided.

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