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House passes bill to apply school unfunded-liability fund balance to school employers’ 2025–27 PERS rates
3099844 · April 23, 2025
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Summary
Senate Bill 849 directs PERS to apply the School Districts' Unfunded Liability Fund balance against school employers’ 2025–27 contribution rates, producing an estimated average reduction of 1.68 percentage points, sponsors said.
The House approved Senate Bill 849 on third reading, directing the Public Employee Retirement System (PERS) board to apply all monies in the School Districts’ Unfunded Liability Fund as of Feb. 28, 2025, against school-district and ESD employer contribution rates for the 2025–27 biennium.
Representative Scharf, speaking…
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