for Immediate Release
Corbett Visits Luzerne County to Urge Legislature to Fix Pension Costs
to Control Property Taxes for Hard-Working Pennsylvania Families
Luzerne County –
Governor Tom Corbett today continued his statewide tour calling on the state
legislature to bring property tax relief to Pennsylvania residents and pass meaningful
pension reform legislation.
here today to talk about an issue that is affecting our wallets and pocketbooks
more and more every day,” Governor Corbett said. “Across Pennsylvania,
residents are facing rising property taxes due to out-of-control pension
fact, pension costs in Luzerne County school districts have increased by more
than $21 million, or by almost 295 percent, over the past 10 years. That’s just
pension costs as a primary reason, Dallas School District and Northwest Area
School District in Luzerne County will be raising their property taxes over
their index for the 2014-15 school year.
families work hard for every dollar and they expect their lawmakers to work
just as hard. They need to come back to Harrisburg and make the tough
choices necessary to keep Pennsylvania moving forward – the time to fix pension
costs is now,” Corbett continued.
governor was joined for the event today at Tom's Kitchen by local school
administrators, other officials and local residents.
shared that the current pension reform plan under consideration will not change
benefits for any current state or public school employees, nor will it change
any benefits for retirees.
pension reform, the governor shared the following facts:
taxes are rising: One
hundred sixty-three school districts requested exemptions to increase
property taxes, 99.4 percent of which cited pension costs as the reason
for the exemption.
costs mean less money for important programs and services: Pension costs are consuming more than 60 cents
of every new dollar of state general fund revenues.
pension debt is growing quickly:
Pennsylvania’s pension costs are approximately $50 billion, and in just
three years, those costs will rise to $65 billion. Each Pennsylvania
taxpayer would need to contribute approximately $13,000 to eliminate our
urge the citizens of Pennsylvania to join in this fight and demand that the legislature
address the most important fiscal challenge facing the commonwealth: pension
reform,” Corbett concluded. “Pennsylvania families and taxpayers deserve
the pension reform conversation on Twitter at #PensionReformPA.
Jay Pagni or Christine Cronkright, 717-783-1116