SB 166 — An Act 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.

PRINTER'S NO.   535

                     THE GENERAL ASSEMBLY OF PENNSYLVANIA



                        SENATE BILL
                        No. 166
                                               Session of
                                                 2025

     INTRODUCED BY MARTIN, APRIL 3, 2025

     REFERRED TO APPROPRIATIONS, APRIL 3, 2025


                                    AN ACT
 1   Making appropriations from the State Employees' Retirement Fund
 2      and from the SERS Defined Contribution Fund to provide for
 3      expenses of the State Employees' Retirement Board for the
 4      fiscal year July 1, 2025, to June 30, 2026, and for the
 5      payment of bills incurred and remaining unpaid at the close
 6      of the fiscal year ending June 30, 2025.
 7      The General Assembly of the Commonwealth of Pennsylvania
 8   hereby enacts as follows:
 9      Section 1.    The sum of $39,795,000, or as much thereof as may
10   be necessary, is hereby appropriated from the State Employees'
11   Retirement Fund to the State Employees' Retirement Board for the
12   payment of all salaries, wages and other compensation and travel
13   expenses of the employees and members of the State Employees'
14   Retirement Board, for contractual services and other expenses
15   necessary for the proper conduct of the duties, functions and
16   activities of the board for the fiscal year beginning July 1,
17   2025, and for the payment of bills incurred and remaining unpaid
18   at the close of the fiscal year ending June 30, 2025.
19      Section 2.    The sum of $5,979,000, or as much thereof as may
20   be necessary, is hereby appropriated from the SERS Defined
 1   Contribution Fund authorized under section 1799.7-E of the act
 2   of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, to
 3   the State Employees' Retirement Board for the payment of all
 4   salaries, wages and other compensation and travel expenses of
 5   the employees and members of the State Employees' Retirement
 6   Board, for contractual services and other expenses necessary for
 7   the proper conduct of the duties, functions and activities of
 8   the board related to the administration of the State Employees'
 9   Defined Contribution Plan established under 71 Pa.C.S. Ch. 58
10   (relating to State Employees' Defined Contribution Plan) for the
11   fiscal year beginning July 1, 2025, and for the payment of bills
12   incurred and remaining unpaid at the close of the fiscal year
13   ending June 30, 2025.
14      Section 3.   This act shall take effect July 1, 2025, or
15   immediately, whichever is later.




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