rich 1.0 Action Network https://actionnetwork.org <link href='https://actionnetwork.org/css/style-embed-v3.css' rel='stylesheet' type='text/css' /><script src='https://actionnetwork.org/widgets/v6/letter/stop-plundering-workers-pensions?format=js&source=widget'></script><div id='can-letter-area-stop-plundering-workers-pensions' style='width: 100%'><!-- this div is the target for our HTML insertion --></div> Philadelphia Federation of Teachers https://actionnetwork.org/groups/philadelphia-federation-of-teachers https://can2-prod.s3.amazonaws.com/letters/photos/000/012/538/normal/ActionPageBanner.jpg The PA Senate just passed SB 1082, a terrible pension bill that would cut our pensions but allow current legislators to opt to remain in the current pension plan--one they claim is just too lavish for public school educators and other PA state workers.  The Senate Appropriations Committee already approved the pension language that would: Deliver no savings in this year's budget, Would increase the state's unfunded pension liability, Would cut retirement benefits for state and school district employees by up to 18 percent - making our benefits the worst among public sector workers in the country, Slash the multiplier to just 1% - making it one of the lowest defined-benefit or hybrid plans in the country, Make your retirement security depend on Wall Street returns, Make it extremely difficult to recruit and retain high-quality teachers & other public employees. https://actionnetwork.org/letters/stop-plundering-workers-pensions