|
|
Court OpinionsState LawsUS CodeUS Constitution |
Duties of the board to report to the Public School Employees' Retirement Board - 71 Pa. Cons. Stat. § 5904Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 5904. Duties of the board to report to the Public School
Employees' Retirement Board.
(a) Multiple service membership of State employees.--Upon
receipt of an application for membership in the system of a
State employee who is a former public school employee and who
has elected multiple service membership, the board shall advise
the Public School Employees' Retirement Board accordingly.
(b) Multiple service membership of school employees.--Upon
receipt of notification from the Public School Employees'
Retirement Board that a former State employee has become an
active member in the Public School Employees' Retirement System
and has elected to receive credit for multiple service, the
board shall certify to the Public School Employees' Retirement
Board and concurrently to the member:
(1) the total credited service in the system and the
number of years and fractional part of a year of service
credited in each class of service;
(2) the annual compensation received each calendar year
by the member for credited State service;
(3) the social security integration credited service to
which the member is entitled and the average noncovered
salary upon which the single life annuity attributable to
such service will be computed; and
(4) the amount of the deductions and the period over
which they are to be made if the member has elected payroll
deductions pursuant to section 5504 (relating to member
contributions for the purchase of credit for previous State
service or to become a full coverage member) or 5505
(relating to contributions for the purchase of credit for
creditable nonstate service).
(c) Applications for benefits for school employees.--Upon
receipt of notification and the required data from the Public
School Employees' Retirement Board that a former State employee
who elected multiple service has applied for a public school
employees' retirement benefit or, in the event of his death, his
legally constituted representative has applied for such benefit,
the board shall:
(1) certify to the Public School Employees' Retirement
Board;
(i) the salary history as a member of the State
Employees' Retirement System and the final average salary
as calculated on the basis of the compensation received
as a State and school employee; and
(ii) the annuity or benefit to which the member or
his beneficiary is entitled as modified according to the
option selected; and
(2) transfer to the Public School Employees' Retirement
Fund the total accumulated deductions standing to such
member's credit and the actuarial reserve required on account
of years of credited service in the State system, final
average salary determined on the basis of his compensation in
both systems and the average noncovered salary to be charged
to the State accumulation account, the State Police benefit
account or the enforcement officers' benefit account, as each
case may require.
(d) Election to convert school service to State service.--
Upon receipt of an election by a former employee of the
Department of Education to convert school service to State
service pursuant to section 5303.2 (relating to election to
convert school service to State service), the board shall
certify the information necessary for the Public School
Employees' Retirement System to transfer the funds and credit
required to the board.
(Oct. 7, 1975, P.L.348, No.101, eff. imd.; May 17, 2001, P.L.26,
No.9, eff. July 1, 2001; Apr. 23, 2002, P.L.272, No.38, eff.
imd.)
2002 Amendment. Act 38 added subsec. (d).
2001 Amendment. Act 9 amended subsec. (b).
1975 Amendment. Act 101 amended subsec. (c).
Section: Previous 5707 5708 5709 5710 5901 5902 5903 5904 5905 5906 5907 5908 5931 5932 5933 Next
Last modified: November 27, 2007 |