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Proposal: city workers surrender pensions, get cash buyout

By Claudia Vargas – City Controller Alan Butkovitz thinks he has a solution for Philadelphia’s staggeringly underfunded pension fund: buyouts. Butkovitz is proposing that the city offer up-front cash payments to retirees, who, if they took the option, would surrender…

Proposal: city workers surrender pensions, get cash buyout – City Controller Alan Butkovitz thinks he has a solution for Philadelphia’s staggeringly underfunded pension fund: buyouts. Butkovitz is proposing that the city offer up-front cash payments to retirees, who, if they…

Kenney, legislators, union leaders back city-tax reform plan

By Joseph N. DiStefano Mayor Kenney joined business groups, construction and janitors’ union leaders, and state legislators from both parties Friday to endorse a tax-reform plan backed by Center City’s biggest office landlord.  A bill sponsored by State Reps. John…

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