PSBA (Pennsylvania School Boards Association) has had its pension proposal introduced into both houses of the PA General Assembly. The PSBA proposal to fix the "pension crisis" in Pennsylvania involves changing the pension benefits and pension structure for all new school employees hired after June 30, 2010. The defined pension benefits for these new employees would be lower than those for current school employees but the new employees would have the ability to make contributions to a defined contribution program. The proposal allows new school employees to have the benefits of both a defined contribution system and a defined benefit system while reducing the financial burden on school district and state taxpayers.