Glen Grell http://wesa.fm en Lawmaker Presents Alternative Plan for State's Pension Debt http://wesa.fm/post/lawmaker-presents-alternative-plan-states-pension-debt <p>A state House Republican is presenting a plan to deal with the state&rsquo;s growing public pension debt.<br /><br />The proposal by Cumberland County Representative Glen Grell differs significantly from ones offered by the Corbett administration and Republicans in the Legislature by making potential benefit reductions optional for current employees.<br />&nbsp;&nbsp; &nbsp;<br />It relies heavily on borrowing to bring down pension payments scheduled to eat away at state and school district budgets, a move viewed with skepticism by the Corbett administration. &nbsp;<br /> Mon, 30 Sep 2013 20:33:13 +0000 Mary Wilson 17394 at http://wesa.fm Lawmaker Proposes Statewide Pension Plan for Local Police http://wesa.fm/post/lawmaker-proposes-statewide-pension-plan-local-police <p>One state lawmaker is proposing to create a statewide pension plan for municipal police officers.<br>&nbsp;&nbsp; &nbsp;<br>The plan would not include automatic boosts in benefits known as cost-of-living adjustments and would mandate a 7.5 percent contribution from members.<br><br>Republican state Rep. Glen Grell of Cumberland County, head of the House GOP pension reform task force, said the statewide pension plan would only be optional for current local officers.<br> Fri, 09 Aug 2013 20:03:56 +0000 Mary Wilson 14619 at http://wesa.fm Lawmaker Floats Idea of Outlawed Bond for State Pension Debt http://wesa.fm/post/lawmaker-floats-idea-outlawed-bond-state-pension-debt <p>One state lawmaker is raising the controversial idea of borrowing money to help put a dent in the state's $47 billion unfunded pension liability.<br><br>Rep. Glen Grell (R-Cumberland), who's been working on pension overhaul proposals, has suggested one way to pay down some of the state's pension debt would be to issue a pension obligation bond - not as a way to cover required state contributions to the two pension plans, but as a way to borrow money at a better rate and produce some savings.<br> Fri, 10 May 2013 10:14:41 +0000 Mary Wilson 9302 at http://wesa.fm