Mensch: Despite Pension Bill, System is Still in Trouble

State Senator Bob Mensch says Governor Wolf’s signing of a Pension Reform Bill on Monday is a positive first step.

Mensch adds that, at some point, lawmakers will need to do more to alleviate the pressure from the pension system which is being supported by taxpayers.

“We have an awful lot of water in the boat with 70 to 72 billon dollars of unfunded liability that this does not impact one way or another.

Mensch, a guest on WNPV’s AM Edition on Monday, said that because of the action that’s being taken to address the pension problem, property taxes will get some relief in the long-term.