Pennsylvania HB1336 allocates funds from the Public School Employees' Retirement Fund and the PSERS Defined Contribution Fund to cover expenses of.
HB1336 appropriates $64,523,000 from the Public School Employees' Retirement Fund and $1,405,000 from the PSERS Defined Contribution Fund to the Public School Employees' Retirement Board. These funds will cover salaries, wages, travel expenses, contractual services, and other operational costs for the fiscal year starting July 1, 2025, and June 30, 2026. Additionally, the bill provides for the payment of any outstanding bills from the previous fiscal year ending June 30, 2025. The act will take effect on July 1, 2025, or immediately, whichever is later.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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