WebS. 2722--A 6 1 § 4. a. On or before August 31, 2024, a participating employer or a 2 state employer described in paragraphs (b), (c), (d), (e) and (f) of 3 subdivision d of section one of this act may elect to provide its 4 employees the retirement incentive authorized by this act by (a) the 5 enactment of a local law or (b) in the case of a ... WebFeb 24, 2024 · A Resolution directing the Legislative Budget and Finance Committee to conduct a cost analysis study of an early retirement proposal for members of the State …
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WebFeb 27, 2024 · The last time the state proposed a retirement incentive program was 2003. It didn’t pass, but actuarial analysis SERS did at the time showed it would’ve added between $600 million and $800 million to the unfunded pension liability. That shakes out to somewhere between $97 million and $137 million in annual employer contributions. WebFeb 24, 2024 · Summary. A Resolution directing the Legislative Budget and Finance Committee to conduct a cost analysis study of an early retirement proposal for … download halcom
HR 59 - Pennsylvania House (2024-2024) - Open States
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