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Enforcement officers' benefit account - 71 Pa. Cons. Stat. § 5937

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     § 5937.  Enforcement officers' benefit account.
        (a)  Credits and charges to account.--The enforcement
     officers' benefit account shall be the ledger account to which
     shall be credited moneys transferred from the enforcement
     officers' retirement account in the State Stores Fund according
     to the provisions of the act of April 12, 1951 (P.L.90, No.21),
     known as the Liquor Code, and any additional Commonwealth or
     other employer contributions provided for in section 5507
     (relating to contributions by the Commonwealth and other
     employers) which are creditable to the enforcement officers'
     benefit account. The enforcement officers' benefit account shall
     be credited with the required interest. In addition, upon the
     filing of an application for an annuity by a member who is an
     enforcement officer of the Pennsylvania Liquor Control Board,
     the total accumulated deductions standing to the credit of the
     member in the members' savings account and the necessary
     reserves from the State accumulation account shall be
     transferred to the enforcement officers' benefit account.
     Thereafter, the total annuity of such annuitant shall be charged
     to the enforcement officers' benefit account and paid from the
     fund.
        (b)  Transfers from account.--Should the said annuitant be
     subsequently restored to active service, the present value of
     the member's annuity at the time of reentry into State service
     shall be transferred from the enforcement officers' benefit
     account and placed to his individual credit in the members'
     savings account. In addition, the actuarial reserve for his
     annuity calculated as if he had been a member of Class A if the
     annuitant does not have any Class AA service credited and
     calculated as if he had been a member of Class AA if the
     annuitant does have Class AA service credited less the amount
     transferred to the members' savings account shall be transferred
     from the enforcement officers' benefit account to the State
     accumulation account. Upon subsequent retirement other than as
     an enforcement officer the actuarial reserve remaining in the
     enforcement officers' benefit account shall be transferred to
     the appropriate reserve account.
     (May 17, 2001, P.L.26, No.9, eff. imd.)

        Cross References.  Section 5937 is referred to in sections
     5932, 5933, 5934 of this title.

Last modified: November 27, 2007