Pennsylvania’s Pension Time Bomb
Of Pennsylvania’s 67 counties, 66 have at least one local government in financial distress. Some of this can be attributed to municipal pension fragmentation throughout the Commonwealth. Nearly one quarter of all municipal pension plans in the country are located in Pennsylvania – a recipe for high costs and anemic returns. Chad Amond is seeing the effects of this fragmentation first hand as president of the Westmoreland Chamber of Commerce and as a member of the Coalition for Sustainable Communities – a statewide coalition committed to addressing municipal fiscal distress. He discusses how Pennsylvania found itself in this position and what can be done about it.
Buck Consultants Launches Private Health Care Exchange
As part of the Affordable Care Act, there’s been a lot talk about health care exchanges – both federal and state. But Buck Consultants, a human resource consultant firm owned by Xerox, is delving into the private exchange market by launching an exchange aimed at helping larger companies comply with the health care law. Sherri Bockhorst, principal of health & productivity with Buck Consultants discusses what a private health care exchange is and how companies can benefit from joining one.
Legume Bistro Receives National Recognition
A leader in the transformation of Pittsburgh’s dining scene, Trevett Hooper, co-owner and chef at Pittsburgh’s Legume Bistro, was recently recognized as a James Beard Award semi-finalist – one of the culinary industry’s most prestigious honors. Legume, which started in Regent Square in 2007 before moving to a larger space in Oakland in 2011, is committed to the ideals of locally sourced ingredients and whole animal butchery. Hooper discusses his path to Pittsburgh, which came by way of Ohio, California and Boston, and what has led to Legume’s success.
Our Region’s Business airs Sundays at 11 a.m. on WPXI-TV. Hosted by the Allegheny Conference’s Bill Flanagan, the 30-minute business affairs program is co-produced with Cox Broadcasting. The program is rebroadcast on PCNC-TV at 3:30 p.m. and 7:30 p.m. Sundays, and at 3:30 p.m. Mondays. It also airs Sundays on WJAC-TV (Johnstown-Altoona) at 6 a.m. and WTOV-TV (Wheeling-Steubenville) at 6:30 a.m.