State Retirement and Pension System - Transfers Between Systems - Workgroup - Extension

HB 399 extends the deadline for a workgroup studying retirement system transfers and prolongs the workgroup's operation. It delays the reporting date for the State Retirement Agency's findings from December 1, 2025, to October 1, 2026, and extends the workgroup's active period until June 30, 2027. The bill directly affects the State Retirement Agency, stakeholders studying transfers between state/local retirement systems, and specified legislative committees (Senate Budget, House Appropriations, and Joint Committee on Pensions) that receive the final report. This is a procedural adjustment to existing law, not a new policy.