An Act amending the act of August 31, 1971 (P.L.398, No.96), known as the County Pension Law, providing for County Employees' Defined Contribution Plan.

This bill establishes a new defined contribution retirement plan for employees of Pennsylvania counties, shifting the system from a traditional model to one where individual accounts track investment performance. Under the new rules, both employees and their employers must make regular contributions to separate personal accounts, with any investment gains or losses applied directly to those specific accounts. The legislation also introduces a "pickup" provision where the county covers the cost of mandatory employee contributions by reducing the employee's paycheck, while allowing for optional voluntary savings. All funds in the plan are held in a trust managed by the county board, which is responsible for setting plan terms, handling investments, and ensuring compliance with federal tax laws.