percentage of compensation over a period of 24 years from
July 1, 2011, the present value of the liabilities for all
prospective benefits calculated as of June 30, 2010,
including the supplemental benefits as provided in sections
8348, 8348.1, 8348.2, 8348.3, 8348.4, 8348.5, 8348.6 and
8348.7, in excess of the actuarially calculated assets in the
fund (calculated recognizing all realized and unrealized
investment gains and losses each year in level annual
installments over a ten-year period). The balance of any
recognized unfunded accrued liability net of market value of
assets as of June 30, 2014, shall be funded in equal dollar
annual contributions over a period of 20 years from July 1,
2015. In the event that the accrued liability is increased by
legislation enacted subsequent to June 30, 2010, and before
July 1, 2014, such additional liability shall be funded as a
level percentage of compensation over a period of ten years
from the July 1 second succeeding the date such legislation
is enacted. In the event that the accrued liability is
increased by legislation enacted subsequent to June 30, 2014,
such additional liability shall be funded in equal dollar
annual contributions over a period of 20 years from the July
1 second succeeding the date such legislation is enacted.
(d) Supplemental annuity contribution rate.--
* * *
(2) For fiscal years beginning July 1, 2011,
contributions from the Commonwealth and other employers whose
employees are members of the system required to provide for
the payment of supplemental annuities as provided in sections
8348, 8348.1, 8348.2, 8348.3, 8348.4, 8348.5, 8348.6 and
8348.7 shall be paid as part of the accrued liability
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