An Act amending Title 24 (Education) of the Pennsylvania Consolidated Statutes, in preliminary provisions relating to retirement for school employees, further providing for definitions; and, in membership, contributions and benefits, further providing for mandatory and optional membership in the system and participation in the plan.

This bill updates Pennsylvania's school employee retirement system by clarifying which organizations are eligible to participate. It specifically prohibits certain school employees and any new hires at non-governmental entities from joining the retirement plan, while allowing current participants at those entities to remain enrolled until they leave their jobs. To manage the exit of ineligible organizations, the bill replaces standard withdrawal liability with a one-time administrative fee capped at 5% of the potential liability, which funds the administrative costs of removing these entities from the system.