Legislation dealing with pensions has, for decades, received a once-over by actuaries working for the Public Employee Retirement Commission, or PERC.
The point is to have PERC actuaries' objective analysis. That's apart from information provided by bill sponsors and actuaries working for potentially-affected retirement systems.
That additional independent analysis has been absent sinceGov. Wolf called it "redundant" and vetoed PERC's funding last year.
But the task would be taken up by the state's Independent Fiscal Office, or IFO, under a measure introduced last week by Rep. Kerry Benninghoff, R-Centre/Mifflin.
Read the full version of this reportat Keystone Crossroads' website. Keystone Crossroads is a new statewide public media initiative reporting on the challenges facing Pennsylvania's cities. WPSU is a participating station.
