The bill introduced by Senator Romanchuk in the 136th General Assembly expresses the intent 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 proposed legislation aims to implement necessary changes to ensure the health and sustainability of these retirement systems.

While the bill does not provide specific details on the reforms, it emphasizes the General Assembly's commitment to addressing the current challenges faced by these public retirement systems. The intent is to create a framework that will support the long-term viability of the retirement benefits for public employees in Ohio.