December 10, 2015
John Quinn, Labor Press, USA
Harrisburg, Pa – Pennsylvania AFL-CIO has condemned the passage of legislation by the State Senate which guts the pensions of new school employees and public service workers and "kicks the can down the road" by collaring employer contributions.
A statement by Pennsylvania AFL-CIO noted that "We are deeply disappointed that the State Senate passed a bill that, over time, will leave future public sector workers and school employees in poverty. This is a bad deal for Pennsylvania which will end up costing taxpayers more for an inferior pension that jeopardizes the retirement security of hundreds of thousands of workers."
Pennsylvania AFL-CIO President Rick Bloomingdale said."The State Senate held this up as a good plan for Pennsylvania. If it is so good then why are legislators allowed to keep their defined benefit pensions while employees are forced into an awful plan? This reeks of hypocrisy!"