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 Employees' Retirement System and the Public School Employees' Retirement System.
This resolution directs Pennsylvania's Legislative Budget and Finance Committee to study the financial and workforce impacts of allowing early retirement for state and public school employees (specifically those aged 55+ or with 30+ years of service) under the State Employees' Retirement System (SERS) and Public School Employees' Retirement System (PSERS). The study must analyze potential cost savings over 1-10 years, effects on workforce composition, and historical data from past early retirement programs (like the 1992-93 initiative). The committee must submit a report to the legislature within one year, detailing findings on budget impacts and staffing alternatives. This is a procedural study resolution - not a policy change - and will inform future decisions about retirement options.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2025
Last action May 4, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Feb 4, 2025
Lower · Passed
Reported as committed
lower
Jan 28, 2025
Committee
Referred to State Government
lower
1 primary · 11 co-sponsors
Sponsors
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