Though it is not an earth-shattering change in the big scheme of Pennsylvania government, the Public Employee Retirement Commission (PERC) has been dissolved and its duties are going to be handled by the Independent Fiscal Office and the Office of Auditor General.
Signed into law as Act 100, the changes will move employees and responsibilities, including the requirements for municipalities to report on the health of their pension plans to the Auditor General’s office, which is already charged with distributing state pension aid to municipalities and auditing those plans. PERC employees will be under the direction of the Auditor General in a separate bureau.
PERC reports on municipal pensions provided much of the data for reports we wrote on local government pension plans (here is 2015’s report).
