The Pennsylvania Senate began advancing legislation Sunday night in the latest effort to overhaul retirement benefits for future state government and public school employees.
The bill passed a first committee vote last night on a near-party line basis. A full Senate vote is expected Monday.
The bill would shrink the traditional pension benefit for future hires and add a 401(k)-style benefit. Future state troopers and corrections officers are exempt and current lawmakers and public employees can choose to join a new plan. Retirees are unaffected.
