February 12, 2020Private Management Agreement • February 12th, 2020
PROFESSIONAL EMPLOYER ORGANIZATIONSPrivate Management Agreement • November 17th, 2021
Pennsylvania Lottery Private Management Agreement (PMA) and AFSCME Council 13 Counter Proposal ComparisonPrivate Management Agreement • January 10th, 2013
Lottery PMA with Camelot AFSCME "Counter Proposal" Guaranteed Profits for Seniors $34 billion over 20 years None. Annual Profit Growth 20 consecutive years of guaranteed growth, with payments to the state in case of shortfall Claims they can deliver faster growth, but historical profits declined in 3 of the past 6 years Protections Against Shortfall A total of $200 million in collateral provided by private company funds Takes $500 million out of Lottery revenue to create a "Reserve Fund" Management Profits Profit sharing only after first $34 billion in guaranteed revenue Approximately $100,000 in forced union dues from employees to AFSCME as a condition of employment Employment Expands Lottery workforce to include 70 state employees, a transfer of remaining state employees to Camelot, and the hiring of additional Pennsylvanians 230 state employees with no employment expansion Annual Business Plan Required to submit Annual Business Plan None. Recommends Department of R
