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Supplemental annuity account - 71 Pa. Cons. Stat. § 5938Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 5938. Supplemental annuity account.
The supplemental annuity account shall be the ledger account
to which shall be credited all contributions from the
Commonwealth in accordance with section 5507(b) (relating to
contributions by the Commonwealth and other employers) for the
payment of the supplemental annuities provided in sections 5708
(relating to supplemental annuities), 5708.1 (relating to
additional supplemental annuities), 5708.2 (relating to further
additional supplemental annuities), 5708.3 (relating to
supplemental annuities commencing 1994), 5708.4 (relating to
special supplemental postretirement adjustment), 5708.5
(relating to supplemental annuities commencing 1998), 5708.6
(relating to supplemental annuities commencing 2002), 5708.7
(relating to supplemental annuities commencing 2003) and 5708.8
(relating to special supplemental postretirement adjustment of
2002). The supplemental annuity account shall be credited with
valuation interest. The reserves necessary for the payment of
such supplemental annuities shall be transferred from the
supplemental annuity account to the annuity reserve account as
provided in section 5935 (relating to annuity reserve account).
(Aug. 5, 1991, P.L.183, No.23, eff. imd.; June 18, 1998,
P.L.685, No.88, eff. imd.; May 17, 2001, P.L.26, No.9, eff. July
1, 2002; Apr. 23, 2002, P.L.272, No.38, eff. imd.)
Cross References. Section 5938 is referred to in sections
5932, 5935 of this title.
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Last modified: November 27, 2007 |