Thursday, April 24, 2014
Inquirer Daily News

Nutter Asks Council For Support To Change Pension System

A day after the Philadelphia Inquirer reported that City Council did not plan to act on Mayor Nutter's legislation to create a cheaper pension plan for new hires, the mayor made a new request of the legislators.

Nutter Asks Council For Support To Change Pension System

A day after the Philadelphia Inquirer reported that City Council did not plan to act on Mayor Nutter's legislation to create a cheaper pension plan for new hires, the mayor made a new request of the legislators.

Nutter's Finance Director Rob Dubow today sent a letter to Council President Anna Verna asking that Council instead pass a resolution that the city would set up a lower cost plan for new hires -- but would not contain the exact details of the plan.

Nutter's original legislation, introduced by Councilman Darrell Clarke in June, would have set up a plan for new hires that combined some pension benefits with a 401K. Nutter has now pulled back some of those details. In the communication to Council, the administration asks for a resolution stating that retirement plans for new hires would cost less, but says that the resolution need not contain details of the plan. Any plan would be negotiated with the unions, a fact sheet says.

The fact sheet provided to Council noted that because the city's pension plan has been declared "severely distressed" by the State Public Retirement Commission, under state law the city must implement a cheaper plan.

Contracts for the city's four municipal unions expired June 30, but no new agreements have been made. The contract for police, which is decided by an arbitration panel, is expected to be decided first, perhaps within the next month. Arbitration for firefighters will continue into January. Talks have been limited with the two non-uniform unions.

About this blog
Chris Brennan, a native Philadelphian and graduate of Temple University, joined the Daily News in 1999. He has written about SEPTA, the Philadelphia School District, the legalization of casino gambling, state government, the mayor, the governor, City Council and political campaigns. E-mail tips to brennac@phillynews.com
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Jenny DeHuff is a 2005 graduate of the University of Rhode Island, where she cut her teeth in journalism. A South Philly transplant from New England, she joined the Daily News City Hall Bureau in 2013. For the past several years, she has worked as an investigative reporter exposing corruption in suburban politics, covering sometimes ghastly criminal court cases and following the people’s money and how its spent. In addition to being a dogged news hound, she enjoys reading and writing about travel, animals, Irish whiskey and aviation. E-mail tips to dehuffj@phillynews.com
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Sean Collins Walsh is from Bucks County and went to Northwestern University. He joined the Daily News copy desk in 2012 and now covers the Nutter administration. Before that, he interned at papers including The New York Times, The Dallas Morning News and The Seattle Times. E-mail tips to walshSE@phillynews.com
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