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Supplemental annuities - 71 Pa. Cons. Stat. § 5708Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 5708. Supplemental annuities.
(a) General rule.--Every annuitant who retired prior to July
1, 1978 and who is in receipt of a superannuation, withdrawal or
disability annuity, shall continue to receive the annuity to
which he was entitled prior to July 1, 1979 and beginning July
1, 1979, any annuitant retiring on or prior to June 30, 1978
shall receive a cost-of-living supplement determined as a
percentage applied to the retirement annuity to which he was
entitled prior to July 1, 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, as follows:
Effective date of retirement Percentage factor
July 1, 1977 through June 30, 1978 5%
July 1, 1976 through June 30, 1977 10%
July 1, 1975 through June 30, 1976 13%
July 1, 1974 through June 30, 1975 20%
March 1, 1974 through June 30, 1974 27%
Prior to March 1, 1974 31%
Provided, however, That such cost-of-living supplement as
determined above 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: And
further provided, That any member terminating legislative
service subsequent to November 30, 1970, shall be entitled to
receive on account of Class D-3 service a maximum single life
annuity per year of service as a regular member of the General
Assembly which shall not be less than the corresponding maximum
single life annuity, including any cost-of-living supplements
enacted prior to October 1, 1979, of a member retiring from
legislative service November 30, 1970.
(c) Supplement enacted after death of member.--No cost-of-
living supplement enacted after the death of the member shall be
payable to the beneficiary or survivor annuitant of such
deceased former State employee, except when the effective date
of the supplement shall predate the death of the member by
virtue of retroactivity of the supplement.
(d) Minimum total annuity.--Any superannuation or disability
annuitant shall be entitled to receive a supplement such that
his total annuity including any cost-of-living supplement shall
be actuarially equivalent to a maximum single life annuity of
$84.50 for each full year of credited service.
(Oct. 7, 1975, P.L.348, No.101, eff. imd.; 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. (c). Section 3(b) of
Act 81 provided that the amendment of subsec. (c) shall be
retroactive to July 1, 1979.
1979 Amendment. Act 130 amended subsecs. (a) and (b).
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 5708.
Cross References. Section 5708 is referred to in sections
5507, 5508, 5703, 5708.2, 5708.3, 5708.5, 5708.6, 5708.7,
5708.8, 5938 of this title.
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Last modified: November 27, 2007 |