An Act making appropriations from the Public School Employees' Retirement Fund and from the PSERS Defined Contribution Fund to provide for expenses of the Public School Employees' Retirement Board for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026.

Summary

The bill transfers $65,537,000 from the Public School Employees' Retirement Fund and $1,499,000 from the PSERS Defined Contribution Fund to the Public School Employees' Retirement Board. The money is earmarked for the board’s salaries, travel, contractual services, and any bills that were incurred but not paid by June 30, 2026. It ensures the board can continue its operations for the fiscal year beginning July 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share