Pennsylvania farmers are urging state lawmakers to make pension reform their top priority when they return to Harrisburg next month. The unfunded liability for Pennsylvania's pension system has reached $50 billion. Without action, property taxes will rise to cover the costs, hurting farmers who require large tracts of land. A recent roundtable hosted by farmer Bill Hoover included other local farmers and political leaders. Hoover said his property taxes will rise again without reform, further cutting into his tight profit margins. The Pennsylvania Farm Bureau understands the political pressures of an election year but believes lawmakers should show leadership by passing reform. The pension crisis will not go away on its own and will only grow worse if postponed.
Pennsylvania farmers are urging state lawmakers to make pension reform their top priority when they return to Harrisburg next month. The unfunded liability for Pennsylvania's pension system has reached $50 billion. Without action, property taxes will rise to cover the costs, hurting farmers who require large tracts of land. A recent roundtable hosted by farmer Bill Hoover included other local farmers and political leaders. Hoover said his property taxes will rise again without reform, further cutting into his tight profit margins. The Pennsylvania Farm Bureau understands the political pressures of an election year but believes lawmakers should show leadership by passing reform. The pension crisis will not go away on its own and will only grow worse if postponed.
Pennsylvania farmers are urging state lawmakers to make pension reform their top priority when they return to Harrisburg next month. The unfunded liability for Pennsylvania's pension system has reached $50 billion. Without action, property taxes will rise to cover the costs, hurting farmers who require large tracts of land. A recent roundtable hosted by farmer Bill Hoover included other local farmers and political leaders. Hoover said his property taxes will rise again without reform, further cutting into his tight profit margins. The Pennsylvania Farm Bureau understands the political pressures of an election year but believes lawmakers should show leadership by passing reform. The pension crisis will not go away on its own and will only grow worse if postponed.
Pension Reform Upon Return to Harrisburg (Camp Hill) Pes!l"aia #armers are urgig t$e state %eeral Assem&l! to ma'e pesio re#orm its um&er oe priorit! ($e la(ma'ers retur to Harris&urg e)t mot$* Pes!l"aia Farm +ureau (PF+), ($i,$ is t$e state-s largest #arm orgai.atio, sa!s la(ma'ers ,a-t ,otiue to 'i,' t$e ,a o pesio re#orm, espe,iall! o( t$at t$e u#uded lia&ilit! $as rea,$ed a staggerig /50 &illio* 01it$out timel! a,tio, all Pes!l"aias are goig to &ear t$e &rut o# t$e pesio de&t, t$roug$ redu,ed ser"i,es ad i,reased propert! ta)es,2 said PF+ Presidet Carl 3* 4$a##er* 0Hig$er propert! ta)es are espe,iall! trou&lesome #or #armers, ($o re5uire large amouts o# lad as part o# doig &usiess* 6ost s,$ool distri,ts (ill $a"e o alterati"e &ut to raise propert! ta)es to support t$e s,$ool pesio s!stem i# t$e legislature #ails to a,t*2 Hutigdo Cout! #armer +ill Hoo"er, ($o is a PF+ mem&er, re,etl! $osted a roudta&le dis,ussio o pesio re#orm at $is $ome #arm* 3$e parti,ipats i,luded ot$er lo,al #armers, %o"eror 3om Cor&ett ad state Agri,ulture 4e,retar! %eorge %reig* Hoo"er e)plaied t$at $is lo,al s,$ool distri,t $as alread! i#ormed $im t$at $is propert! ta)es (ill go up o,e agai (it$out pesio re#orm, ($i,$ (ill dig deeper ito $is alread! tig$t pro#it margi* 07ur i,ome is &ased o $o( ma! a,res o# lad (e $a"e, ad it-s ot a $ig$ i,ome per a,re* I ea,$ o# t$e last #i"e !ears, 128 o# our pro#its (ere ta'e &! real estate ta)es,2 said +ill Hoo"er* 3o "ie( a "ideo e(s stor! o# t$e %o"eror-s "isit to +ill Hoo"er-s #arm, go to (((*!outu&e*,om9(at,$:";<=gg>12???(. Farm +ureau uderstads t$e realit! o# it &eig a ele,tio !ear ad t$at politi,s o#te pla! a ma@or role i determiig ($et$er legislatio mo"es or is put o t$e &a,'&urer, &ut #armers &elie"e la(ma'ers s$ould demostrate leaders$ip ad a,t o &e$al# o# t$e people ($o "oted t$em ito o##i,e &! passig a re#orm pla* 03$e pesio lia&ilit! ,risis is ot goig a(a! &! itsel#, ad t$e #urt$er la(ma'ers pus$ t$e pro&lem do( t$e road, t$e larger it &e,omes #or Pes!l"aia ,iti.es,2 ,o,luded 4$a##er* Pennsylvania Farm Bureau is the states largest farm organization with a volunteer membership of nearly 60,000 farm and rural families, representing farms of every size and commodity across Pennsylvania.