An Act making appropriations from the State Employees' Retirement Fund and from the SERS Defined Contribution Fund to provide for expenses of the State 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.

SB 1166 allocates $43.176 million from the State Employees' Retirement Fund and $2.879 million from the SERS Defined Contribution Fund to cover the State Employees' Retirement Board's operational costs for fiscal year 2026-2027, including salaries, travel, and contractual services. It also pays bills incurred but unpaid as of June 30, 2026. The bill directly affects the Retirement Board's budget and staff operations, ensuring funding for both current activities and prior-year obligations. This is a procedural appropriations bill with no new policy changes.