Committees to Discuss Municipal Pension Funding Challenges
WHAT: The House Local Government Committee, chaired by Rep. Kate Harper (R-Montgomery), and the House Urban Affairs Committee, chaired by Rep. Scott Petri (R-Bucks), will conduct a public hearing to discuss the growing challenges of municipal pension funding. According to the Pennsylvania Municipal League, underfunded municipal pensions are a statewide problem. The total unfunded liability carried by taxpayers for municipal pensions is nearly $8 billion, and 66 of the state’s 67 counties are home to at least one community with a pension plan under a high level of financial stress. The hearing will seek to better evaluate the challenges facing specific municipalities and to explore legislative options to address these challenges.
WHO: Harper, Petri and members of each committee. A full list of officials scheduled to testify is being finalized and will be made available next week.
WHEN: Thursday, Oct. 1, at 10 a.m.
WHERE: Upper Merion Township Building, Freedom Hall, 175 W. Valley Forge Road, King of Prussia.
Media contact: Rep. Harper’s Blue Bell Office, 610-277-3230,
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