New Report on Legislative Pensions

Posted by By at 2 July, at 18 : 51 PM Print

 Please note change of date

Due to unforeseen developments, Rock the Capital has rescheduled the press conference it originally planned for  Monday July 8, 2013. The press conference will take place on Wednesday  July 10, 2013 at 11: 00 a.m. in the Rotunda of the Main Capital Building.

 

PRESS ADVISORY

Contact: Eric Epstein
(717)-541-1101

 New Report on Legislative Pensions

 The Pay Raise Eight Years Later

 

(Harrisburg, Pa) On Wednesday July 10, 2013 at 11: 00 a.m. in the Rotunda of the Main Capital Building, Rock the Capital will release the results of its research on the impact of House Bill 26, PN 1905 (2001) on the pensions of current and former legislators.

The Legislative Pension Report speaks for itself but clearly demonstrates why it is unlikely that the legislature will enact statutory reforms to eliminate Act 51 of 1995 (COLAs), change the per diem system or defuse the pension time bomb.

The Legislative Pension Report will feature:

• Legislators’ annual monthly annuities.

• Legislators’ lump-sum, pension pay outs.

• Legislators’ biographies including family trees and lobbyists.

• Current Board, committee and leadership arrangements.

• Post-legislative job placements in state government.

• Update on the legislative pay raise.

• Update on the legislative police blotter.

Download:

Senate Report

House Report

Legislative Pension Class of 2001

Pay Raise Class of 2005

 

Please note that the numbers below were transposed in the original Senate Report: 

• Sen. Jane Earll:
Monthly pension: $1,629.34.
Lump-sum withdrawal: $75,642.99.

• Former Sen. Jack Wagner:
Monthly pension: $4,768.26.
Lump-sum withdrawal:$99,486,55.

• Former Sen. Noah Wenger:
Monthly pension: $3,979.82.
Lump-sum withdrawal: $142,350.28.

 

 

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This post was written by:
- who has written 280 posts for Rock The Capital
Eric J. Epstein is RocktheCapital‘s coordinator and a community advocate for good government for over 25 years. Mr. Epstein is also Chairman of the Three Mile Island Alert, Inc., a safe-energy organization founded in 1977; President of EFMR Monitoring Group, Inc., a non-profit economic development corporation established in 1977, and Chairman of the Stray Winds Area Neighbors (SWAN), a smart growth association organized in 2005. Mr. Epstein was a Visiting Assistant Professor of Humanities at PSU-Harrisburg (1992-1999) and co-authored the Dictionary of the Holocaust, which was released by Greenwood Press (1997) - Email Eric Epstein

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