An Act amending Titles 24 (Education) and 71 (State Government) of the Pennsylvania Consolidated Statutes, in administration and miscellaneous provisions, further providing for administrative duties of the Public School Employees' Retirement Board; and, in administration, funds, accounts and general provisions, further providing for administrative duties of the State Employees' Retirement Board.

This bill requires the Public School Employees' Retirement Board and the State Employees' Retirement Board to livestream their public meetings and post unedited video and written records online for at least three years. It also clarifies that sensitive investment information, such as details about alternative investments, will remain confidential to protect financial interests but will eventually become public once the risk of competitive harm or negative impact on investment value no longer exists. Additionally, the legislation mandates that specific basic details about alternative investment vehicles, including the manager's identity and the amount of money committed, must always be accessible to the public. These changes aim to increase transparency in how the boards manage records and conduct business while safeguarding sensitive financial data.