in_the_media
Consolidating pensions could be key to reform
Posted Jan 27, 2013
Media Outlet:
Harrisburg Patriot News, PennLive.com
The municipal pension system is redundant and bleeds money, cash that could instead be spent on paving local roads or police services, argue proponents of consolidating the system. Joseph McLaughlin, director of the Temple Institute for Public Policy, has estimated the consolidation of the municipal pension plans could save local governments more than $14 million annually in administrative fees.