PRIOR PRINTER'S NO. 1451 PRINTER'S NO. 1762
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No. 1006
Session of
2024
INTRODUCED BY MARTIN, MARCH 25, 2024
SENATOR MARTIN, APPROPRIATIONS, RE-REPORTED AS AMENDED,
JUNE 24, 2024
AN ACT
1 Making appropriations from the Public School Employees'
2 Retirement Fund and from the PSERS Defined Contribution Fund
3 to provide for expenses of the Public School Employees'
4 Retirement Board for the fiscal year July 1, 2024, to June
5 30, 2025, and for the payment of bills incurred and remaining
6 unpaid at the close of the fiscal year ending June 30, 2024.
7 The General Assembly of the Commonwealth of Pennsylvania
8 hereby enacts as follows:
9 Section 1. The sum of $57,489,000 $61,403,000, or as much <--
10 thereof as may be necessary, is hereby appropriated from the
11 Public School Employees' Retirement Fund to the Public School
12 Employees' Retirement Board for the payment of all salaries,
13 wages and other compensation and travel expenses of the
14 employees and members of the Public School Employees' Retirement
15 Board, for contractual services and other expenses necessary for
16 the proper conduct of the duties, functions and activities of
17 the board for the fiscal year beginning July 1, 2024, and for
18 the payment of bills incurred and remaining unpaid at the close
19 of the fiscal year ending June 30, 2024.
20 Section 2. The sum of $1,182,000 $1,282,000, or as much <--
 1 thereof as may be necessary, is hereby appropriated from the
2 PSERS Defined Contribution Fund authorized under section 1799.8-
3 E of the act of April 9, 1929 (P.L.343, No.176), known as The
4 Fiscal Code, to the Public School Employees' Retirement Board
5 for the payment of all salaries, wages and other compensation
6 and travel expenses of the employees and members of the Public
7 School Employees' Retirement Board, for contractual services and
8 other expenses necessary for the proper conduct of the duties,
9 functions and activities of the board related to the
10 administration of the School Employees' Defined Contribution
11 Plan established under 24 Pa.C.S. Ch. 84 (relating to School
12 Employees' Defined Contribution Plan) for the fiscal year
13 beginning July 1, 2024, and for the payment of bills incurred
14 and remaining unpaid at the close of the fiscal year ending June
15 30, 2024.
16 Section 3. This act shall take effect July 1, 2024, or
17 immediately, whichever is later.
20240SB1006PN1762 - 2 -