This bill appropriates funds to support the Public Employees Retirement Board for the fiscal years 2025-26 and 2026-27. Specifically, it allocates $40,000 from the School Expense Fund and $26,000 from the State Patrol Expense Fund for FY2025-26, while no funds are allocated for FY2026-27. Additionally, the bill stipulates that total expenditures for salaries and per diems from these appropriated funds shall not exceed $20,000 for FY2025-26 and $-0- for FY2026-27.

The bill also declares an emergency, allowing it to take effect immediately upon passage and approval. This urgency underscores the importance of the appropriations to the functioning of the Public Employees Retirement Board during the specified fiscal years.