PRINTER'S NO. 337
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE RESOLUTION
No.30
Session of
2025
INTRODUCED BY MERSKI, GIRAL, PIELLI, HILL-EVANS, KHAN, SANCHEZ,
NEILSON, HADDOCK, JAMES, CIRESI, HARKINS AND DELLOSO,
JANUARY 28, 2025
REFERRED TO COMMITTEE ON STATE GOVERNMENT, JANUARY 28, 2025
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.
WHEREAS, In the past, the State Employees' Retirement System
(SERS) and the Public School Employees' Retirement System
(PSERS) have allowed members, on occasion, to take an early
retirement during a certain time period so long as the members
met specific requirements; and
WHEREAS, In 1992 and 1993, an early retirement incentive was
offered to public school employees in this Commonwealth which
saved approximately $216 million in salaries but increased the
pension liability by $284 million; and
WHEREAS, A study was conducted by the Legislative Budget and
Finance Committee in 2006 in which the advantages and
disadvantages of allowing for early retirement from SERS and
PSERS were analyzed fiscally and actuarially to determine if an
early retirement option should be established for State and
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18 public school employees; and
WHEREAS, Additional studies on the benefits or drawbacks of
an early retirement option have not been conducted since 2005;
therefore be it
RESOLVED, That the House of Representatives direct 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 who are 55 years of age or older or
who have at least 30 years of service; and be it further
RESOLVED, That the analysis include:
(1) the possible cost savings for the Commonwealth if
early retirement were allowed for the span of one year, five
years or ten years;
(2) the value of early retirement programs in providing
employment for younger workers;
(3) the potential impacts on the mix of critical skills
and experience within Commonwealth agencies and school
districts and the various alternatives to maintaining or
ensuring adequate staffing in the context of retirement
enhancements; and
(4) the past impact of early retirement incentives on
budgets and workforce needs;
and be it further
RESOLVED, That a report on the study be submitted to the
State Government Committee in a public forum one year after the
adoption of this resolution and that the report be disseminated
promptly thereafter to all members of the General Assembly and
the Governor for consideration.
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