Pennsylvania SB1166 appropriates funds from the State Employees' Retirement Fund and the SERS Defined Contribution Fund for the State Employees'.
Pennsylvania SB1166 allocates $43,176,000 from the State Employees' Retirement Fund and $2,879,000 from the SERS Defined Contribution Fund to cover the State Employees' Retirement Board's expenses for the fiscal year beginning July 1, 2026, and to settle any outstanding bills from the previous fiscal year. These funds will be used to pay salaries, wages, other compensation, travel expenses, and contractual services necessary for the board's operations. The act is set to take effect on July 1, 2026, or immediately, whichever is later.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.