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Supplemental annuities - 24 Pa. Cons. Stat. § 8348

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     § 8348.  Supplemental annuities.
        (a)  General rule.--Every annuitant who is in receipt of a
     superannuation, withdrawal or disability annuity, shall continue
     to receive such annuity and beginning July 1, 1979, any
     annuitant who retired on or prior to July 1, 1978, shall receive
     a cost-of-living supplement determined as a percentage applied
     to the retirement annuity as of June 30, 1979. Such cost-of-
     living supplement shall be payable under the same terms and
     conditions as provided under the option plan in effect as of
     June 30, 1979.
        (b)  Cost-of-living adjustment factors.--The percentage which
     is to be applied in the determination of the cost-of-living
     supplements shall be determined on the basis of the effective
     date of retirement payable on the first $12,000 of annuity
     received per year. The applicable percentage factors are:

            Effective date of retirement              Percentage factor

        After July 1, 1977 through July 1, 1978              5%
        After July 1, 1976 through July 1, 1977             10%
        After July 1, 1975 through July 1, 1976             13%
        After July 1, 1974 through July 1, 1975             20%
        After July 1, 1973 through July 1, 1974             27%
        On or prior to July 1, 1973                         31%

        (c)  Withdrawal annuitants.--The cost-of-living supplement as
     determined in subsection (b) shall not be payable to an
     annuitant receiving a withdrawal annuity prior to the first day
     of July coincident with or following his attainment of
     superannuation age.
        (d)  Disability annuitants.--(Repealed).
        (e)  Supplement enacted after death of member.--No supplement
     enacted after the death of the member shall be payable to the
     beneficiary or survivor annuitant of such deceased former school
     employee, except when the effective date of the supplement shall
     predate the death of the member by virtue of retroactivity of
     the supplement.
     (Dec. 18, 1979, P.L.566, No.130, eff. imd.; July 12, 1981,
     P.L.261, No.87, eff. imd.)

        1981 Amendment.  Act 87 amended subsec. (e), retroactive to
     July 1, 1979.
        1979 Amendment.  Act 130 amended subsecs. (a) and (b) and
     repealed subsec. (d).
        Joint Legislative Committee.  See section 3 of Act 130 of
     1979 in the appendix to this title for special provisions
     relating to the biennial organization of a joint legislative
     committee to study cost-of-living supplements accruing under
     section 8348.
        Annuities of Former Teachers.  See section 3(4) of Act 96 of
     1975 in the appendix to this title for special provisions
     relating to the continuation of rights of former teachers to
     minimum benefits under former provisions of law.
        Cross References.  Section 8348 is referred to in sections
     8328, 8343, 8348.2, 8348.3, 8348.5, 8348.6, 8348.7, 8525 of this
     title.

Last modified: November 27, 2007