Pennsylvania SB 721: An Act establishing the Women, Infants and Children State Advisory Board.

Bill Text

PRINTER'S NO. 943
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No. 721
Session of
2025
INTRODUCED BY FARRY, PENNYCUICK, BROWN, ROBINSON, BAKER,
BARTOLOTTA, FONTANA, SCHWANK, KANE, SAVAL AND CULVER,
JUNE 11, 2025
REFERRED TO FINANCE, JUNE 11, 2025
AN ACT
Amending Titles 24 (Education), 71 (State Government) and 72
(Taxation and Fiscal Affairs) of the Pennsylvania
Consolidated Statutes, in membership, contributions and
benefits, providing for supplemental annuity commencing 2025;
in benefits, providing for supplemental annuity commencing
2025; providing for special funds and for disposition of
Budget Stabilization Reserve Fund; establishing the Budget
Stabilization Reserve Fund Interest Account; and making a
repeal.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Title 24 of the Pennsylvania Consolidated
Statutes is amended by adding a section to read:
§ 8348.8. Supplemental annuity commencing 2025.
(a) Benefits.--Commencing with the first monthly annuity
payment after July 1, 2025, an eligible benefit recipient shall
be entitled to receive an additional monthly supplemental
annuity from the system. The additional monthly supplemental
annuity under this section shall be in addition to the
supplemental annuities provided for under sections 8348
(relating to supplemental annuities), 8348.1 (relating to
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additional supplemental annuities), 8348.2 (relating to further
additional supplemental annuities), 8348.3 (relating to
supplemental annuities commencing 1994), 8348.4 (relating to
special supplemental postretirement adjustment), 8348.5
(relating to supplemental annuities commencing 1998), 8348.6
(relating to supplemental annuities commencing 2002) and 8348.7
(relating to supplemental annuities commencing 2003).
(b) Amount of additional supplemental annuity.--The amount
of the supplemental annuity payable under this section shall be
a percentage of the amount of the monthly annuity payment on
July 1, 2025, determined on the basis of the most recent
effective date of retirement as follows:
Most recent effective date Percentage factor
of retirement
July 2, 2000, through July 1, 2001 15%
July 2, 1999, through July 1, 2000 15.5%
July 2, 1998, through July 1, 1999 16%
July 2, 1997, through July 1, 1998 16.5%
July 2, 1996, through July 1, 1997 17%
July 2, 1995, through July 1, 1996 17.5%
July 2, 1994, through July 1, 1995 18%
July 2, 1993, through July 1, 1994 18.5%
July 2, 1992, through July 1, 1993 19%
July 2, 1991, through July 1, 1992 19.5%
July 2, 1990, through July 1, 1991 20%
July 2, 1989, through July 1, 1990 20.5%
July 2, 1988, through July 1, 1989 21%
July 2, 1987, through July 1, 1988 21.5%
July 2, 1986, through July 1, 1987 22%
July 2, 1985, through July 1, 1986 22.5%
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July 2, 1984, through July 1, 1985 23%
July 2, 1983, through July 1, 1984 23.5%
July 2, 1982, through July 1, 1983 24%
Prior to July 2, 1982 24.5%
(c) Payment.--The supplemental annuity provided under this
section shall be paid automatically unless the annuitant files a
written notice with the board requesting that the additional
monthly supplemental annuity not be paid.
(d) Conditions.--The supplemental annuity provided under
this section shall be payable under the same terms and
conditions as provided under the option plan in effect as of
July 1, 2025, and shall be subject to any subsequent
modification of that option plan.
(e) Benefits to beneficiaries or survivors.--No supplemental
annuity provided under this section shall be payable to the
beneficiary or survivor annuitant of a member who dies before
July 1, 2025, or the effective date of this subsection,
whichever is later.
(f) Funding.--The additional liability for the increase in
benefits provided under this section shall be funded in equal
dollar annual installments over a period of 10 years beginning
July 1, 2026, unless a different funding source is otherwise
provided by State law.
(g) Eligible benefit recipient.--
(1) An eligible benefit recipient is an individual:
(i) who is receiving a superannuation, withdrawal or
disability annuity on July 1, 2025;
(ii) whose most recent effective date of retirement
is prior to July 2, 2001;
(iii) whose credited service does not include any
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service credited as Class T-D service;
(iii.1) who is not a multiple service member with
Class D-4 or Class AA service credited in the State
Employees' Retirement System; and
(iv) who has not died before the effective date of
this subparagraph.
(2) A supplemental annuity provided under this section
shall not be payable to an annuitant receiving a withdrawal
annuity prior to the first day of July coincident with or
following the annuitant's attainment of superannuation age.
Section 2. Title 71 is a