71 Pennsylvania Consolidated Statutes Chapter 55 - Contributions

• Chapter Notes
• Section 5501 - Regular Member Contributions For Current Service
  Regular member contributions shall be made to the fund on behalf of each active member for current service except for any period of current...
• Section 5501.1 - Shared-risk Member Contributions For Class A-3 And Class A-4 Service
  § 5501.1. Shared-risk member contributions for Class A-3 and Class A-4 service. (a) General.--Shared-risk member contributions shall be made to the fund on behalf...
• Section 5501.2 - Definitions
  The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly...
• Section 5502 - Social Security Integration Member Contributions
  Except for any period of current service in which the making of regular member contributions has ceased solely by reason of section 5502.1 (relating...
• Section 5502.1 - Waiver Of Regular Member Contributions And Social Security Integration Member Contributions
  (a) General rule.--Notwithstanding the provisions of sections 5501 (relating to regular member contributions for current service) and 5502 (relating to Social Security integration member...
• Section 5503 - Joint Coverage Member Contributions
  The regular member contributions for current service of a joint coverage member in any class shall be reduced by 40% of the tax on...
• Section 5503.1 - Pickup Contributions
  (a) Treatment for purposes of IRC § 414(h).--All contributions required to be made under sections 5501 (relating to regular member contributions for current service),...
• Section 5504 - Member Contributions For The Purchase Of Credit For Previous State Service Or To Become A Full Coverage Member
  (a) Amount of contributions for service in other than Class G through N.-- (1) The contributions to be paid by an active member or...
• Section 5505 - Contributions For The Purchase Of Credit For Creditable Nonstate Service
  (a) Source of contributions.--The total contributions to purchase credit for creditable nonstate service of an active member or eligible school employee shall be paid...
• Section 5505.1 - Additional Member Contributions
  In addition to regular or joint coverage member contributions and social security integration contributions, contributions shall be made on behalf of each active member,...
• Section 5506 - Incomplete Payments
  In the event that a member terminates State service or a multiple service member who is an active member of the Public School Employees'...
• Section 5506.1 - Annual Compensation Limit Under Irc § 401(a)(17)
  § 5506.1. Annual compensation limit under IRC § 401(a)(17). (a) General rule.--In addition to other applicable limitations set forth in this part, and notwithstanding...
• Section 5507 - Contributions By The Commonwealth And Other Employers
  (a) Contributions on behalf of active members.--The Commonwealth and other employers whose employees are members of the system shall make contributions to the fund...
• Section 5508 - Actuarial Cost Method
  (a) Employer contribution rate on behalf of active members.--The amount of the Commonwealth and other employer contributions on behalf of all active members shall...
• Section 5509 - Appropriations And Assessments By The Commonwealth
  (a) Annual submission of budget.--The board shall prepare and submit annually an itemized budget consisting of the amounts necessary to be appropriated by the...

Last modified: October 8, 2016