Pennsylvania HB2408 allocates funds from the State Employees' Retirement Fund and the SERS Defined Contribution Fund for fiscal year 2026-2027.
HB2408 appropriates funds from the State Employees' Retirement Fund and the SERS Defined Contribution Fund to cover the expenses of the State Employees' Retirement Board for the fiscal year starting July 1, 2026, and ending June 30, 2027. It also provides for the payment of any outstanding bills from the previous fiscal year. The bill allocates $43,176,000 from the State Employees' Retirement Fund and $2,879,000 from the SERS Defined Contribution Fund to cover salaries, wages, travel expenses, contractual services, and other necessary expenses for the board's operations.
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