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Bill > HB411
PA HB411
PA HB411In membership, contributions and benefits, providing for supplemental annuity commencing 2025; and, in benefits, providing for supplemental annuity commencing 2025.
summary
Introduced
01/29/2025
01/29/2025
In Committee
04/11/2025
04/11/2025
Crossed Over
04/09/2025
04/09/2025
Passed
Dead
Introduced Session
Potential new amendment
2025-2026 Regular Session
Bill Summary
Amending Titles 24 (Education) and 71 (State Government) of the Pennsylvania Consolidated Statutes, in membership, contributions and benefits, providing for supplemental annuity commencing 2025; and, in benefits, providing for supplemental annuity commencing 2025.
AI Summary
This bill provides for a supplemental annuity for certain retirement system members starting in July 2025, specifically targeting eligible benefit recipients who retired before July 2, 2001. The supplemental annuity will provide an additional monthly payment to retirees based on a sliding percentage scale that ranges from 15% to 24.5% of their monthly annuity payment, depending on their retirement date. To be eligible, recipients must be receiving a superannuation, withdrawal, or disability annuity on July 1, 2025, have a retirement date prior to July 2, 2001, and not have service credited as certain specific retirement classes (Class T-D, Class D-4, or Class AA). The additional annuity will be paid automatically unless the recipient explicitly requests not to receive it, and it will be subject to the same terms and conditions as the existing option plan. The additional financial liability will be funded through equal annual installments over a 10-year period beginning July 1, 2026. The bill applies to two retirement systems: the Public School Employees' Retirement System and the State Employees' Retirement System, ensuring that long-standing retirees receive an additional financial benefit to help offset potential cost-of-living increases.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (59)
Steve Malagari (D)*,
Anthony Bellmon (D),
Heather Boyd (D),
Tim Brennan (D),
Tim Briggs (D),
Morgan Cephas (D),
Missy Cerrato (D),
Joe Ciresi (D),
Gina Curry (D),
Nathan Davidson (D),
Tina Davis (D),
Dan Deasy (D),
Kyle Donahue (D),
Sean Dougherty (D),
Justin Fleming (D),
Dan Frankel (D),
Bob Freeman (D),
Paul Friel (D),
José Giral (D),
Nancy Guenst (D),
Jim Haddock (D),
Liz Hanbidge (D),
Pat Harkins (D),
Keith Harris (D),
Carol Hill-Evans (D),
Joe Hohenstein (D),
John Inglis (D),
Mary Isaacson (D),
Carol Kazeem (D),
Malcolm Kenyatta (D),
Tarik Khan (D),
Maureen Madden (D),
Dave Madsen (D),
Brandon Markosek (D),
La'Tasha Mayes (D),
Jeanne McNeill (D),
Dan Miller (D),
Brian Munroe (D),
Ed Neilson (D),
Jenn O'Mara (D),
Danielle Otten (D),
Darisha Parker (D),
Chris Pielli (D),
Lindsay Powell (D),
Tarah Probst (D),
Chris Rabb (D),
Jacklyn Rusnock (D),
Abigail Salisbury (D),
Steve Samuelson (D),
Ben Sanchez (D),
Mike Schlossberg (D),
Melissa Shusterman (D),
Mandy Steele (D),
Paul Takac (D),
Arvind Venkat (D),
Perry Warren (D),
Ben Waxman (D),
Joseph Webster (D),
Dan Williams (D),
Last Action
House Amendment A00078 (PN 0383) - House Amendment A00078 (PN 0383) (on 06/27/2025)
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