PRINTER'S NO. 18
No. 16 Session of 1989
INTRODUCED BY LLOYD, HALUSKA, GIGLIOTTI, VEON, STABACK,
KOSINSKI, E. Z. TAYLOR, THOMAS, CIVERA, NOYE, CAWLEY, STUBAN,
DISTLER, ITKIN, GODSHALL AND COLAIZZO, JANUARY 18, 1989
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, JANUARY 18, 1989
AN ACT
1 Amending the act of August 31, 1971 (P.L.398, No.96), entitled
2 "An act providing for the creation, maintenance and operation
3 of a county employes' retirement system, and imposing certain
4 charges on counties and providing penalties," authorizing
5 members to reduce their contributions.
6 The General Assembly of the Commonwealth of Pennsylvania
7 hereby enacts as follows:
8 Section 1. Section 7(d) of the act of August 31, 1971
9 (P.L.398, No.96), known as the County Pension Law, amended
10 December 20, 1983 (P.L.282, No.75), is amended to read:
11 Section 7. County Employes' Retirement Fund; Transfers
12 Between Classes.--* * *
13 (d) Each member may elect to contribute an additional amount
14 not exceeding ten per cent more than the percentage herein
15 required. Each member may also elect to reduce his contribution
16 to any of the percentages required herein for any class lower
17 than the class otherwise designated by the board as applicable
18 to the retirement system to which the member belongs. Any such
19 election to contribute at the percentage of a lower class shall
1 in no way affect the calculation of the county annuity portion
2 of the member's retirement allowance as provided in section 14,
3 which county annuity portion shall be calculated as though the
4 member had not made that election. The contributions shall be
5 paid into the fund through payroll deductions in such manner as
6 the board may require. All contributions including optional
7 additional payments by members shall be credited to the members'
8 annuity reserve account. The board may at any time, by rule,
9 authorize members of the retirement system, whether original or
10 new members, to transfer from the one-one hundred twentieth
11 class, or from the one-one hundredth class, to the one-eightieth
12 class, to the one-seventieth class, or to the one-sixtieth
13 class. Whenever such transfers are authorized, salary deductions
14 or pickup contributions applicable to the transferred members
15 shall be based upon the per cent of salary deduction applicable
16 while in each class.
17 Section 2. This act shall take effect January 1, 1990.
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