A shocking chart released this week shows that nine of the top ten cities have more retirees collecting pensions than current employees contributing to the fund. It’s happening in Philadelphia, Pittsburgh, Scranton, and Harrisburg. “It’s a major problem,” said Representative Seth Grove (R-York). “We have local governments that are on the verge of bankruptcy.” Auditor General Eugene DePasquale has been raising alarms across the state about the fiscal frailty of municipal pensions.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News