Auditor General DePasquale Launches Audits of Two State Employee Retirement Systems’ Management of $78 Billion in Assets
HARRISBURG (July 25, 2016) – Auditor General Eugene DePasquale today announced that he is launching simultaneous audits of the two retirement systems that manage $78 billion in assets for more than 854,000 state and school employees and retirees.
“Nearly a million… Read the rest[...read more]
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[...read more]
Refund amount: $63,799.62.[...read more]
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.[...read more]
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[...read more]
A breakdown of how the $200 million increase in basic education funding will be distributed among the state’s school districts.[...read more]
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[...read more]
New Report Shows Pension Debt Skyrockets 730 Percent in Ten Years[...read more]
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[...read more]
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[...read more]