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Pension

Editorial

Pension Reform

The following KDKA editorial is discussing how many Pennsylvania townships, boroughs, and municipalities are at risk of bankruptcy.

NewsRadio 1020 KDKA–03/04/2014

(Photo Credit: KDKA)

Former Police Chief Harper Sentenced To 18 Months In Prison

Former Pittsburgh Police Chief Nate Harper has been sentenced to 18 months in prison after pleading guilty to conspiracy and tax evasion charges.

02/25/2014

(Photo by Patrick Smith/Getty Images)

Corbett Proposes 2014 Budget Amidst Criticism From Democrats

It’s been a tough three years, Gov. Tom Corbett told legislators, but he’s putting Pennsylvania on the right track.

02/04/2014

(Photo Credit: Patrick Smith/Getty Images)

Sandusky Appears In Court Over Pension Battle

Jerry Sandusky appeared in court Tuesday during an ongoing battle about his pension being forfeited in the wake of a conviction for molesting young boys in 2012.

01/07/2014

(Photo by Patrick Smith/Getty Images)

Sandusky To Fight For Nearly $5K Monthly Pension Payments

The issue is Jerry Sandusky’s monthly pension that added up to $4,600 per month and he received it starting in 1999 when he retired from Penn State.

01/06/2014

(Photo Credit: KDKA)

State Pension Fund Chairman Plans To Resign

The chairman of Pennsylvania’s $26.5 billion state employee pension system said Monday he is stepping down, partly because of state Treasurer Rob McCord’s criticism of the handling of allegations of possible misconduct against its chief investment officer.

12/30/2013

(Photo Credit: KDKA)

Harper To Lose $63,000 Pension For Guilty Plea

Pittsburgh’s police pension fund says a former chief who pleaded guilty in a corruption case will lose a $63,000 pension.

12/14/2013

(Photo Credit: KDKA)

Pittsburgh Thriving While Detroit’s Economy Dives

It’s a tale of two cities — with two very different outcomes.

08/02/2013

(Photo Credit: KDKA)

Corbett Signs Budget, As Bigger Agenda Stalls

It took a marathon weekend session but — with just hours to spare — the General Assembly approved a new $28.4 billion dollar state budget.

07/01/2013

(Photo Credit: KDKA)

City Controller: Money Problems Looming For Pittsburgh

City Controller Michael Lamb has issued his latest findings on the City of Pittsburgh’s financial status and it’s not all good news.

07/09/2012

(Source: KDKA)

State Rep. Introduces Bill To Curb Pension ‘Spiking’

At the Allegheny County Jail, some retiring corrections officers have found a way to radically increase, or spike, their lifetime pension payout. Now State Rep. Matt Smith, D-Castle Shannon, wants to put a stop to it.

03/07/2011

(Photo Credit: Justin Merriman/Pittsburgh Tribune-Review)

Sophie Masloff, Bill Green Weigh In On Pension Mess

PITTSBURGH (NewsRadio 1020 KDKA) — Hope of resolving Pittsburgh’s pension crisis faded to anger and disappointment this week with Mayor Luke Ravenstahl calling City Council’s bailout plans seriously flawed and council members demanding he take […]

NewsRadio 1020 KDKA–12/30/2010

(Photo Credit: KDKA)

Bill Introduced In Council For New Parking Plan

A bill has been introduced in Pittsburgh City Council that would authorize Mayor Luke Ravenstahl to negotiate a new deal to sell city parking assets in an effort to solve the city’s pension problem. Council […]

KDKA-TV–11/04/2010