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State guarantee - 24 Pa. Cons. Stat. § 8531

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                               SUBCHAPTER C
                         MISCELLANEOUS PROVISIONS

     Sec.
     8531.  State guarantee.
     8532.  State supervision.
     8533.  Taxation, attachment and assignment of funds.
     8533.1. Approval of domestic relations orders.
     8533.2. Irrevocable beneficiary.
     8533.3. Irrevocable survivor annuitant.
     8533.4. Amendment of approved domestic relations orders.
     8534.  Fraud and adjustment of errors.
     8535.  Payments to school entities by Commonwealth.
     § 8531.  State guarantee.
        Statutory interest charges payable, the maintenance of
     reserves in the fund, and the payment of all annuities and other
     benefits granted by the board under the provisions of this part
     are hereby made obligations of the Commonwealth. All income,
     interest, and dividends derived from deposits and investments
     authorized by this part shall be used for the payment of the
     said obligations of the Commonwealth.

        Cross References.  Section 8531 is referred to in sections
     8502.2, 9101 of this title.

Last modified: November 27, 2007