The bill introduced by Senator Romanchuk during the 136th General Assembly aims to reform the laws governing Ohio's public retirement systems, which include the Public Employees Retirement System, School Employees Retirement System, State Teachers Retirement System, Ohio Police & Fire Pension Fund, and State Highway Patrol Retirement System. The intent of the legislation is to implement necessary changes that will enhance the health and sustainability of these retirement systems.

While the bill outlines the General Assembly's commitment to reform, it does not specify the exact changes that will be made to the current laws. The focus is on ensuring that the public retirement systems remain viable and effective for current and future beneficiaries.