Pennsylvania SB1165 appropriates funds from the Public School Employees' Retirement Fund and the PSERS Defined Contribution Fund for the Public.
Pennsylvania SB1165 allocates $65,537,000 from the Public School Employees' Retirement Fund and $1,499,000 from the PSERS Defined Contribution Fund to cover the Public School Employees' Retirement Board's expenses for the fiscal year starting July 1, 2026, and ending June 30, 2027. The funds will be used to pay salaries, wages, other compensation, travel expenses, and other necessary costs for the board's operations, including the administration of the School Employees' Defined Contribution Plan.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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