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HB 1767

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.

2025-2026 Regular Session Introduced by Joe Ciresi and 5 co-sponsors

Overview: HB 1767, an Act amending various titles of the Pennsylvania Consolidated Statutes, was referred to the State Government committee after being introduced on August 4, 2025

Referred to State Government
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WeVote Research Nonpartisan
Bill Summary · HB 1767

Overview: HB 1767, an Act amending various titles of the Pennsylvania Consolidated Statutes, was referred to the State Government committee after being introduced on August 4, 2025.

Purpose and Intent: The primary purpose of this bill is to provide a supplemental annuity for certain public pension recipients starting in 2025.

Key Provisions:
- Establishes a supplemental annuity payment for members of the Public School Employees' Retirement System (PSERS) and the State Employees' Retirement System (SERS) beginning in 2025
- Provides for the creation of a Budget Stabilization Reserve Fund and an associated Interest Account to help fund the supplemental annuity
- Repeals certain existing provisions related to the Budget Stabilization Reserve Fund

Affected Parties and Impacts: This bill would directly benefit current and future retirees of the PSERS and SERS pension systems in Pennsylvania by providing them with a supplemental annuity payment. It could help address concerns about the adequacy of public sector retirement benefits.

Procedural and Timeline Considerations: HB 1767 has been referred to the State Government committee for further review and consideration. If it passes the committee, it would then proceed to a full vote in the Pennsylvania legislature.

Compiled from official sources — confirm details with the bill’s official record.

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