PSECU announced on Monday that they will offer 0% interest loans to creditworthy state employees if the impasse happens.
For members who meet the credit criteria, the 0% rate will be available up until 60 days after the governor signs the new budget into law. After 60 days, the loan will begin accruing interest at 3.9% APR until paid in full. Members participating in the loan program will have the option of borrowing up to $1,000 per pay period.
That’s right; a credit union is outperforming the state.
May’s tweetup was — as predicted — incredible. The warm weather plus having the deck at our disposal meant a lot of new faces showed up. I believe we wound up leaving around 11 … Am I right? Thanks to everyone who made it out, and I hope you all return!
The next Harrisburg Tweetup is going down on Wednesday, June 17th. 7pm on the deck (weather permitting) at Appalachian Brewing Company in Harrisburg. If we get rained out, we’ll be inside the Abbey Bar (second floor). If you have a blog, post on Fark, or have a Twitter account, you’re officially invited! Added bonus: Bottles are $2 off, so if the seasonal ABC brews on tap aren’t to your liking, that bottle of Framboise will only set you back $8.
Continue reading June 2009 Tweetup
(NOTE: This is a three-part series on the Pennsylvania budget impasse. Be sure to also read part 2 and part 3!)
In what has become an annual tradition since 2003, Pennsylvania Governor Ed Rendell has announced that, once again, our state government appears unable to pass a budget by the June 30th deadline. If this budget remains unresolved, state employees will be required to report to work, but will not be paid until a budget is passed. The silence from AFSCME — the union which all state employees are required to pay into, regardless of membership, and whom is supposed to help out with this sort of thing — is deafening.
If you’re thinking “Hah, I don’t work for the state, so this doesn’t affect me at all”, you’re dead wrong.
Continue reading Pennsylvania Budget Impasse: 2009 Edition
Once again, our fearless leaders have warned us that they may fail to pass a budget this year. What’s different this time around is that instead of furloughing non-critical state employees, Governor Ed Rendell has assured all of us that we will continue to report to work no matter what happens. Only, we won’t get paid after June 30th.
There’s an interesting law on the books — one that I’m very familiar with, having used it against a former employer — called the Pennsylvania Wage Payment And Collection Act of 1961. It’s a very simple law to read, and I suggest everyone (state employee or not) take a look at it. In short, it states that your employer must pay you on your regular payday, that your employer can not delay payment under any circumstances, and that your employer can not waive your rights by making you sign an agreement. In other words, if you work, you must get paid. Period. The act even goes on to clarify that this explicitly applies to salary, hourly rate, commission, and so on. It’s a pretty open-and-shut law: If you work, you must get paid on time.
Continue reading Another Year, Another Budget Impasse
The next Central PA Tweetup is happening Wednesday, May 20th at the Abbey Bar, upstairs at Appalachian Brewing Company in Harrisburg. We usually get started around 7pm, and people come and go throughout the night until around 9-ish. Our get-togethers are open to any bloggers and/or Twitterers living in or around Central PA. To be discussed: Changing the frequency of the Tweetups. See you there!