PRINTER'S NO. 1297
No. 1148 Session of 1999
INTRODUCED BY DALLY, BUNT, MARSICO, SHANER, CHADWICK, READSHAW, TIGUE, STABACK, BELFANTI, LEDERER, WOJNAROSKI, SERAFINI, BISHOP, MUNDY, HENNESSEY, McILHATTAN, MICHLOVIC, HARHART, M. COHEN, PETRARCA, RAYMOND, COLAFELLA, FLICK, GRUCELA, ROBERTS, SAINATO, WASHINGTON, LAUGHLIN, YOUNGBLOOD, FREEMAN, SEYFERT, MAHER, BENNINGHOFF, L. I. COHEN, DALEY AND WILLIAMS, MARCH 30, 1999
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, MARCH 30, 1999
AN ACT 1 Amending the act of May 29, 1956 (1955 P.L.1804, No.600), 2 entitled, as amended, "An act providing for the establishment 3 of police pension funds or pension annuities in certain 4 boroughs, towns and townships; authorizing the establishment 5 of police pension funds or pension annuities by regional 6 police departments; providing for the regulation and 7 maintenance of police pension funds or pension annuities; 8 providing for an actuary; continuance of existing funds or 9 transfer thereof to funds herein established; prescribing 10 rights of beneficiaries; contributions by members; providing 11 for expenses of administration; continuation of existing 12 authority to provide annuity contracts; credit for military 13 service; refunds; exempting allowances from judicial process; 14 and repealing certain acts," providing for part-time service 15 credit. 16 The General Assembly of the Commonwealth of Pennsylvania 17 hereby enacts as follows: 18 Section 1. The act of May 29, 1956 (1955 P.L.1804, No.600), 19 referred to as the Municipal Police Pension Law, is amended by 20 adding a section to read: 21 Section 4.1. (a) Any member of the police force employed by 22 a borough, town, township or regional police department, who has
1 been a regularly appointed full-time employe of any such 2 political subdivision or regional police department for a period 3 of at least six months and who prior thereto was a member of 4 such force on a part-time basis, shall have credited to his 5 employment record for pension or retirement benefits all of the 6 time spent by him in such part-time service. 7 (b) The ordinance or resolution establishing the police 8 pension fund may provide full service credit for each year of 9 part-time service or fraction thereof, not to exceed five years, 10 to any member of the police force who was employed by the 11 political subdivision or regional police department during such 12 part-time service. The amount due for the purchase of credit for 13 such part-time service shall be computed by applying the average 14 normal cost rate for borough, town, township and regional police 15 pension plans as certified by the Public Employee Retirement 16 Commission, but not to exceed ten per centum, to the member's 17 average annual rate of compensation over the first three years 18 of municipal service and multiplying the result by the number of 19 years and fractional part of a year of creditable part-time 20 service being purchased together with interest at the rate of 21 four and three-quarters per centum compounded annually from the 22 date of initial entry into full-time municipal service to the 23 date of payment. 24 (c) Any member of the police force shall be eligible to 25 receive service credit for part-time service as provided in 26 subsections (a) and (b) provided that he is not entitled to 27 receive, eligible to receive now or in the future or is 28 receiving retirement benefits for such service under a 29 retirement system administered and wholly or partially paid for 30 by any other governmental agency. 19990H1148B1297 - 2 -
1 Section 2. This act shall take effect in 60 days. B22L53DMS/19990H1148B1297 - 3 -