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09/18/2019 12:14 PM
Pennsylvania General Assembly
https://www.legis.state.pa.us/cfdocs/billInfo/billInfo.cfm?sYear=2019&sInd=0&body=S&type=B&bn=724
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Bill Information

Regular Session 2019-2020
Senate Bill 724


Short Title:
An Act amending Titles 24 (Education) and 71 (State Government) of the Pennsylvania Consolidated Statutes as follows: In Title 24: for retirement for school employees, in preliminary provisions, further providing for definitions; in membership, contributions and benefits, further providing for payments by employers and providing for nonparticipating employer withdrawal liability and further providing for actuarial cost method; in School Employees' Defined Contribution Plan, further providing for vesting; in administration and miscellaneous provisions, further providing for Public School Employees Retirement Board; in administration and miscellaneous provisions, providing for the establishment of the Public Markets Emerging Investment Manager Program; and, in preliminary provisions, further providing for definitions. In Title 71: for retirement for State employees and officers, in preliminary provisions relating to retirement for State employees and officers, further providing for definitions; in membership, credited service, classes of service and eligibility for benefits regarding administration of the State Employees' Retirement Fund, further providing for election to become a Class A-6 member or solely a participant in the plan and for eligibility for death benefits; and, in benefits, further providing for maximum single life annuity.
Prime Sponsor:
Last Action:
Act No. 72
Printer's No.:
Printer's No. Text (H) Amendments (S) Amendments (H) Fiscal Note (S) Fiscal Note Actuarial Note
1046*
999
894
* denotes current Printer's Number