HOLLIDAYSBURG, BLAIR COUNTY - Concerns are growing across the state and nation about the funding available for public employee pension plans. The Blair County Commissioners recently completed a review of their County's retirement system. Following their weekly Courthouse meeting on Tuesday, the County leaders said that the Blair County pension fund falls into the "minimally stressed" condition.
That means that while additional funding may be required for the pension plan in future years, the Blair County plan has better financial support than many other public employee retirement plans. Commissioner Terry Tomassetti went on to say that Blair County officials will likely have to increase their contributions to its pension fund in coming years. But he says the county fund is in much better shape than many other public pension plans in Pennsylvania and that includes those under the control of school districts and the State of Pennsylvania.