PHILADELPHIA (AP) — Gov. Tom Corbett says he hopes to maintain current funding levels next year for public schools and the four state-related universities, but warns that could change if he doesn't get changes to public sector pension plans.
Corbett described his approach Wednesday in an interview (http://bit.ly/W1FgWU) with the editorial board of The Philadelphia Inquirer.
The first-term Republican didn't lay out all the details of his pension proposal, saying they would be part of his Feb. 5 budget address.
But he says his budget is "based on some assumptions," and if the reforms he wants aren't passed, then "there's going to have to be some adjustments to the budget."
Corbett says he doesn't envision changes to retirees' benefits, or to the pension benefits active employees have already accrued.
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