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.

HB 1375 requires Pennsylvania's Public School Employees' Retirement Board and State Employees' Retirement Board to livestream all public meetings and post unedited video and written records online for at least three years. The bill clarifies that certain sensitive investment details - like confidential financial information from alternative investments - can be withheld from public access under the Right-to-Know Law if disclosure would cause competitive harm or breach fiduciary duties. However, specific investment data must remain public, including the name, manager, and funding amounts for alternative investment vehicles. This bill directly affects how retirement boards manage transparency and public access to their investment decisions. It focuses on procedural transparency rather than changing benefit amounts or eligibility.