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2016-2017 Enacted Budget, General Fund State Appropriations

By at August 4, 2016 | 10:02 pm | 0 Comment

2016-2017 Enacted Budget, General Fund State Appropriations

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SchoolWATCH

By at July 28, 2016 | 12:35 pm | 0 Comment

HARRISBURG — The Pennsylvania Department of Education’sSchoolWATCH database, launched in January 2015, allows parents, students and taxpayers for the first time to easily track and compare school district and charter school spending.

Gov. Tom Wolf approved House Bill… Read the rest

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Rob McCord’s Pension Payout, (RTK, February, 2015)

By at July 28, 2016 | 12:27 pm | 0 Comment

Refund amount: $63,799.62.

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Barbara Hafer’s pension pay out based on RTK Requests, (2012)

By at July 28, 2016 | 12:23 pm | 0 Comment

Gross monthly annuity: $4,035.29

Please note that as of the date of the receipt of the SERS data, there was no record of a lump sum withdrawal.

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Richard Nixon: The Last Liberal President?

By at July 28, 2016 | 12:06 pm | 74 Comments

Richard Nixon: The Last Liberal President?

It’s been forty years since Richard Nixon’s obsession with Daniel Ellsberg and the Pentagon Papers backfired and led to the 1971 landmark First Amendment Decision, i.e., New York Times v. United States. The ruling made it possible for newspapers to… Read the rest

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Economy , Energy & Environment , Featured , Legal , Political , ,

Part 1: The Taxpayer Chain Gang

By at June 20, 2016 | 7:19 am | 0 Comment

by Jeff Coleman and Eric J. Epstein

An old and misguided political adage claimed that Democrats built schools and Republicans built prisons.  It’s simply not true, and the reality is much more complex.

It would be far more accurate to… Read the rest

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Pennsylvania’s Pension Liability Climbs to Over $66 Billion: No Solution in Sight

By at June 1, 2016 | 10:33 am | 0 Comment

by Eric Epstein and researched by Richard Dreyfuss,

Pennsylvania’s pension time bomb continues to grow despite the rhetoric kicked around the Capitol.  Official “figures” tend to not fully account for the magnitude of the problem. Pennsylvania’s pension funding standards are… Read the rest

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Memorial Day

By at May 29, 2016 | 10:51 pm | 0 Comment

Memorial Day

Many people confuse Memorial Day and Veterans Day. Memorial Day is a day for remembering and honoring military personnel who died in the service of their country, particularly those who died in battle or as a result of wounds sustained… Read the rest

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Calculation of the Combined PSERS & SERS Unfunded Liability Rolled Forward to May 2, 2016

By at May 24, 2016 | 12:23 am | 0 Comment

Data assembled by Richard Dreyfuss, Independent Consultant

Presented by Eric Epstein on May 9, 2016

PSERS estimates its asset value using a 10 year rolling average which is allowed under Act 120.

The actuarial standard for… Read the rest

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Eric Epstein of RTC and Rick Dreyfuss on new pensions

By at May 24, 2016 | 12:18 am | 0 Comment

Listen to Hour 2

Listen to Hour 3

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