Pennsylvania SB165 appropriates funds from the Public School Employees' Retirement Fund and the PSERS Defined Contribution Fund for the Public School.
Pennsylvania SB165 allocates $61,403,000 from the Public School Employees' Retirement Fund and $1,282,000 from the PSERS Defined Contribution Fund to cover the Public School Employees' Retirement Board's expenses for the fiscal year starting July 1, 2025, and ending June 30, 2026. This includes salaries, wages, travel expenses, contractual services, and other necessary expenses for the board's duties. The bill also provides for the payment of any outstanding bills from the previous fiscal year. The act is set to 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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