Haywood Lauds State Treasurer Torsella’s Retirement Security Report
Philadelphia – March 28, 2019 – State Sen. Art Haywood (D-Montgomery/Philadelphia) yesterday applauded the findings of Pennsylvania Treasurer Joe Torsella’s Private Sector Retirement Security Task Force to establish a state-managed private retirement savings plan....State Troopers Raise Retirement Tsunami Warning Flags
Op-ed by state Sen. Jim Brewster
The Pennsylvania State Troopers Association has posted bright flags warning of a potentially devastating trooper retirement tsunami looming just over the horizon. If the storm comes together and the retirement tidal wave hits, it would severely strain police resources, impair our ability to deal with domestic terrorism and dangerously compromise the safety and security of our citizens.
In media reports, the troopers’ association stated that 2,000 Pennsylvania State Police (PSP) troopers will become retirement-eligible within the next three years. These retirements – if they occur in bulk – will swell the current trooper deficit (417 vacancies below the 4,719 authorized complement) and create long-term staffing problems that will reverberate for a decade or more to come.