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HOUSE AMENDED
PRIOR PRINTER'S NOS. 894, 999
PRINTER'S NO. 1046
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
724
Session of
2019
INTRODUCED BY CORMAN AND BROWNE, JUNE 6, 2019
AS REPORTED FROM COMMITTEE ON STATE GOVERNMENT, HOUSE OF
REPRESENTATIVES, AS AMENDED, JUNE 20, 2019
AN ACT
Amending Titles 24 (Education) and 71 (State Government) of the
Pennsylvania Consolidated Statutes as follows:
In Title 24:
for retirement for school employees, in preliminary
provisions, further providing for definitions; in
membership, contributions and benefits, further providing
for payments by employers and providing for
nonparticipating employer withdrawal liability and
further providing for actuarial cost method; in School
Employees' Defined Contribution Plan, further providing
for vesting; in administration and miscellaneous
provisions, further providing for Public School Employees
Retirement Board; in administration and miscellaneous
provisions, providing for the establishment of the Public
Markets Emerging Investment Manager Program; and, in
preliminary provisions, further providing for
definitions.
In Title 71:
for retirement for State employees and officers, IN
PRELIMINARY PROVISIONS RELATING TO RETIREMENT FOR STATE
EMPLOYEES AND OFFICERS, FURTHER PROVIDING FOR
DEFINITIONS; in membership, credited service, classes of
service and eligibility for benefits regarding
administration of the State Employees' Retirement Fund,
further providing for election to become a Class A-6
member or solely a participant in the plan and for
eligibility for death benefits; and, in benefits, further
providing for maximum single life annuity.
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