An Act amending Titles 24 (Education) and 71 (State Government) of the Pennsylvania Consolidated Statutes, in administration and miscellaneous provisions, further providing for administrative duties of the Public School Employees' Retirement Board; and, in administration, funds, accounts and general provisions, further providing for administrative duties of the State Employees' Retirement Board.
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Summary
The bill amends Pennsylvania statutes to require the Public School Employees’ Retirement Board (and similarly the State Employees’ Retirement Board) to livestream all public meetings, post unedited videos and written records online for at least three years, and retain them for seven years. It also defines when investment‑related information can be kept confidential and mandates the boards publish certain performance and fee data after each fiscal year. The goal is greater transparency while protecting sensitive investment details.
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