BillTrack50 logo
Free Signup Login
Bill

Bill > HB1337

PA HB1337

Making appropriations from the State Employees' Retirement Fund and from the SERS Defined Contribution Fund to provide for expenses of the State Employees' Retirement Board for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

summary

Introduced
05/06/2025
In Committee
06/06/2025
Crossed Over
06/04/2025
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

Making appropriations from the State Employees' Retirement Fund and from the SERS Defined Contribution Fund to provide for expenses of the State Employees' Retirement Board for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

AI Summary

This bill provides appropriations (budget allocations) for the State Employees' Retirement Board (SERS) for the fiscal year beginning July 1, 2025. Specifically, the bill allocates $43,249,000 from the State Employees' Retirement Fund to cover salaries, wages, travel expenses, and other operational costs for the board's employees and members. Additionally, the bill appropriates $4,836,000 from the SERS Defined Contribution Fund to support administrative expenses related to the State Employees' Defined Contribution Plan. These appropriations will also cover any outstanding bills from the previous fiscal year ending June 30, 2025. The bill will take effect on July 1, 2025, or immediately after passage, whichever occurs later. The funding will enable the retirement board to continue its essential functions of managing state employee retirement benefits and administering the defined contribution plan for state employees.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to APPROPRIATIONS (on 06/06/2025)

bill text

bill summary

Loading...

bill summary

Loading...
Loading...