Pennsylvania

Newly discovered meeting tapes may shed additional light on Scranton’s 2002 pension incentive, said Pennsylvania Auditor General Eugene DePasquale.

With Pennsylvania’s bond rating at stake, lawmakers and officials this week resume the compelling debate over state and local unfunded pension liabilities.

Pennsylvania Gov. Tom Wolf has named state Auditor General Eugene DePasquale to head a task force on municipal pensions.

State Rep. John McGinnis wants to shorten the Pennsylvania pension amortization period from 30 years to 20.

Pennsylvania's Senate expects to debate a bill that backers say will begin to tackle an unfunded pension liability problem that has hurt its bond rating.

Colwyn is the 29th municipality to enroll in Pennsylvania’s distressed communities workout program known commonly as Act 47.

Tom Becket of NW Financial Group, will deliver a presentation called "What an Issuer's Financial Advisor Wants a Bond Investor to Know" to the Philadelphia Area Municipal Analyst Society.

Pension obligation bonds are land mines municipal issuers should avoid, according to Janney Capital Markets.

The City Council rejected privatization of Philadelphia Gas Works, but the future of the nation's largest municipally owned gas utility is back in play and a public-private partnership could be part of the vision.

Philadelphia City Councilman Mark Squilla has introduced six bills aimed at advancing $325 million in redevelopment of a shopping mall.

Harrisburg, Pa., has settled with its former attorney, Mark Schwartz, agreeing to pay him $80,000.

Gov. Tom Wolf announced the investment of $130.7 million for 12 non-point source, drinking water and wastewater projects across eight counties through the Pennsylvania Infrastructure Investment Authority.

Puerto Rico employment went up for the sixth consecutive month in March.

Pennsylvania's Public School Employees' Retirement System named state Rep. Glen Grell executive director effective May 1.

Standard & Poor's affirmed its A-plus rating on the Pennsylvania Housing Finance Agency's Series 2005A capital fund security revenue bonds and removed its rating from credit watch with negative implications.

Moody's Investors Service analysts Tim Blake and Tom Aaron will be addressing past and current challenges related to U.S. pensions at the April 9 meeting of the Philadelphia Area Municipal Analyst Society.

Pennsylvania Gov. Tom Wolf will nominate Timothy Reese to succeed the disgraced Rob McCord as state treasurer, the governor's office said Tuesday.

The Rapid Bridge Replacement Project is Pennsylvania's initial P3 and the first nationwide to bundle multiple bridges into a single procurement.

Pennsylvania Gov. Tom Wolf is creating a competitive procurement process for selecting bond counsel, calling the move vital to overhauling state government.

York, Pa., needs $10 million by Dec. 31 to meet its minimum pension payment obligations, said Pennsylvania Auditor General Eugene DePasquale.