Bill Information

An Act amending Titles 24 (Education) and 71 (State Government) of the Pennsylvania Consolidated Statutes, adding and amending certain definitions; prohibiting creation of new local government employee retirement systems; providing for mandatory membership of new local government employees, for the optional transfer of certain local government employee retirement system members, beneficiaries, assets and liabilities and for the disposal of the remaining assets and the dissolutions of the systems; revising and continuing general municipal pension system State aid; and providing for supplemental local government benefit accumulation plans and for local government contributions and guarantees.