Pennsylvania’s $71 billion unfunded pension liability is unsustainable for taxpayers and puts public employees at risk. Without timely reform, pension payments will crowd out funding for other services, property taxes will rise, and teachers may be laid off.

General Fund Budget Is Just 40 Percent of State Government’s True Cost February 3, 2017, Harrisburg, Pa.—With budget season launching, most public discussion will focus on the General Fund budget, which was $31.6 billion last year. But this was just 40 percent of state government’s $78 billion cost. Hidden in the remaining 60 percent—essentially a “shadow budget”—are more than 150 “special funds” whose costs are largely unknown to the publ