THE GENERAL ASSEMBLY OF PENNSYLVANIA

HOUSE BILL

INTRODUCED BY GOODMAN, BELFANTI, CARROLL, FABRIZIO, GEORGE, GIBBONS, GRUCELA, KOTIK, SIPTROTH, SWANGER AND YOUNGBLOOD, MAY 4, 2009

AS REPORTED FROM COMMITTEE ON FINANCE, HOUSE OF REPRESENTATIVES, AS AMENDED, SEPTEMBER 28, 2010   

AN ACT

Amending Title 24 (Education) of the Pennsylvania Consolidated

Statutes, further providing for Public School Employees'

Retirement Board.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1.  Section 8501(a) of Title 24 of the Pennsylvania

Consolidated Statutes is amended to read:

§ 8501.  Public School Employees' Retirement Board.

(a)  Status and membership.--The board shall be an

independent administrative board and shall consist of [15] the

following members: the Secretary of Education, ex officio; the

State Treasurer, ex officio; two Senators; two members of the

House of Representatives; the executive secretary of the

Pennsylvania School Boards Association, ex officio; [two] three 

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to be appointed by the Governor, [at least one of whom shall not

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be a] none of whom shall be either a current or former school

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employee or an officer or employee of the State, and who must

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possess financial, investment or legal experience; three to be

elected by the active professional members of the system from

among their number; [one] three to be elected by annuitants from

among their number; one to be elected by the active

nonprofessional members of the system from among their number;

and [one] two to be elected by members of Pennsylvania public

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school boards from among their number. The appointments made by

the Governor shall be confirmed by the Senate and each election

shall be conducted in a manner approved by the board. The terms

of the appointed and nonlegislative elected members shall be

three years. The members from the Senate shall be appointed by

the President pro tempore of the Senate and shall consist of one

member from the majority and one member from the minority. The

members from the House of Representatives shall be appointed by

the Speaker of the House of Representatives and shall consist of

one member from the majority and one member from the minority.

The legislative members shall serve on the board for the

duration of their legislative terms and shall continue to serve

until 30 days after the convening of the next regular session of

the General Assembly after the expiration of their respective

legislative terms or until a successor is appointed for the new

term, whichever occurs first. The chairman of the board shall be

elected by the board members. Each ex officio member of the

board, each elected member of the board and each legislative

member of the board may appoint a duly authorized designee to

act in his stead. The designee appointed by a member elected by

the active professional members of the system must be an active

professional member of the system. The designee appointed by a

member elected by annuitants must be an annuitant. The designee

appointed by a member elected by the active nonprofessional

members of the system must be an active nonprofessional member

of the system. The designee appointed by a member elected by

members of the Pennsylvania public school boards must be a

member of a Pennsylvania public school board.

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Section 2.  Nothing in this act shall preempt or supersede

the terms of a collective bargaining agreement in effect on the

effective date of this act for the term of that collective

bargaining agreement unless otherwise agreed to in writing by

the parties to the collective bargaining agreement.

Section 3.  This act shall take effect in 30 days December

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31, 2010.