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PA HB2407
Bill
Status
4/27/2026
Primary Sponsor
Jordan Harris
Click for details
AI Summary
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Appropriates $65,537,000 from the Public School Employees' Retirement Fund to the PSERS Board for salaries, wages, compensation, travel expenses, contractual services, and other operational expenses for fiscal year 2026-2027
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Appropriates $1,499,000 from the PSERS Defined Contribution Fund specifically for administration of the School Employees' Defined Contribution Plan for fiscal year 2026-2027
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Both appropriations also cover payment of bills incurred but remaining unpaid at the close of fiscal year ending June 30, 2026
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Effective date is July 1, 2026, or immediately upon enactment, whichever is later
Legislative Description
Making appropriations from the Public School Employees' Retirement Fund and from the PSERS Defined Contribution Fund to provide for expenses of the Public School Employees' Retirement Board for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026.
Last Action
Third consideration and final passage (174-26)
4/27/2026