Posted on 11/12/2010 4:29:58 PM PST by Tribune7
The Delaware County (Pa) Patriots, the county's tea party group, has taken a stand against HB 2497 , which state House Finance Committee Minority Chairman Sam Rohrer has called "generational theft " .
The bill attempts to resolve the severe funding shortfalls of Pennsylvania's largest pension plans -- Public School Employees Retirement System (PSERS) and State Employees Retirement System (SERS) -- by deferring pension payments and increasing the unfunded liability by tens of billions of dollars.
Rohrer of the 128th District was only one of six to vote against HB 2497 when it passed the Democrat-controlled House on June 16. The bill with amendments passed the Republican-controlled Senate on Oct. 16 by a vote of 41-8.
The amendments required a new vote in the House, however, but on Nov. 5 lame duck House Speaker Keith McCall announced that the House would be quitting for the year which would require the process to start from scratch in January under a Republican-controlled House.
Five days later , McCall changed his mind. The House will return on Nov. 15 when it is expected to vote on HB 2497.
(Excerpt) Read more at BillLawrenceOnline.Com ...
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