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Pennsylvania Senate backs hybrid pension plan
The Morning Call: The state Senate voted today on a bill to drastically change retirement benefits for most state employees and all school employees hired after 2018.
The 40-9 vote came a day after the Senate convened for a rare Sunday night session to begin moving the bill, which seeks to reduce the long-term risk associated with taxpayers bailing out the state’s two debt-ridden pension plans in bad economic times.
The Republican-controlled Senate's vote moves the bill to the GOP-controlled House, where it is expected to also be approved and sent to Democratic Gov. Tom Wolf's desk for his signature.
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