HARRISBURG, PA – The Corbett-Cawley campaign today unveiled a new web ad highlighting millionaire Secretary Tom Wolf’s refusal to acknowledge Pennsylvania’s pension crisis. The ad features Wolf’s repeated claims that Pennsylvania does not have a crisis and that “the sky it not falling.”

View the ad by clicking HERE.

“Millionaire Secretary Tom Wolf has repeatedly denied the existence of a pension crisis in Pennsylvania because he is more concerned about special interest groups than he is the hardworking people of Pennsylvania,” stated Corbett-Cawley Communications Director Chris Pack. “Someone ought to tell Secretary Wolf that leadership isn’t about taking the path of least resistance, it is making the tough decisions necessary for the betterment of Pennsylvania regardless of the political consequences. Unfortunately, Secretary Tom Wolf continues to demonstrate through his refusal to take positions on the tough issues, or to even acknowledge our pension crisis, that his campaign is nothing more than calculated political opportunism.

“All you have to do is follow the money trail to see why Wolf continues to bury his head in the sand on pension reform. Secretary Wolf has received over $1.1 million from public sector unions, some of who have already taken a victory lap on their attempts to kill pension reform – and that’s not a coincidence.

“It’s also hypocritical that Secretary Tom Wolf would be so opposed to pension reform given the fact that even his own company enacted pension reform.”

According to Secretary Tom Wolf’s campaign platform, “Tom Wolf absolutely opposes changes to current employees’ pension plans.”

Pennsylvania’s pension costs are currently consuming more than 60 cents of every new dollar of general fund revenues. If left unaddressed, within four years, SERS and PSERS will be underfunded by $65 billon, or $13,000 per Pennsylvania household and double the state budget. Pennsylvania also risks a credit downgrade, which would further strain future budgets. Pension costs are also a major cost driver for local school districts, leading to higher property taxes for homeowners. Oh and by the way, Wolf’s company has already moved their employees from a defined benefit to a 401-k plan. Further proof of Wolf’s hypocrisy.

For more information on the Corbett-Cawley campaign for a stronger Pennsylvania, please visit www.tomcorbettforgovernor.com.

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