Commentary

Illustrating Pennsylvania’s Pension Problems

As part of the Fix The Numbers campaign designed by the Pennsylvania Municipal League (PML), fixthenumbers.com has some notable data and illustrative graphics on the state of Pennsylvania’s public safety employee pensions. Some “quick facts” from the website:

  • “Half of Pennsylvania’s municipal public safety pension plans are experiencing some level of pension distress.”
  • “66 of Pennsylvania’s 67 counties have at least one municipality with a pension plan under a high level of financial stress.”
  • “41% of Pennsylvanians live in a financially distressed municipality.”

The site also uses Google Maps to plot “severely distressed” and “moderately distressed” communities, and has a section dispelling popular myths regarding pension reform. One can also find take-away points of the PA House Bill 1581, which proposes creating a cash balance plan for new hires.

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