PRINTER'S NO. 689
No. 625 Session of 1993
INTRODUCED BY DALEY, MIHALICH, CAPPABIANCA, FLICK, MASLAND,
STEIGHNER, KENNEY, PETRONE, COY, LLOYD, KASUNIC, HALUSKA,
FLEAGLE, M. N. WRIGHT, ULIANA, HASAY, TRELLO, PISTELLA,
LESCOVITZ, HERMAN, REBER, COLAFELLA, CESSAR, TRUE,
L. I. COHEN, OLASZ, HANNA, B. SMITH, BROWN, BAKER, BATTISTO,
KIRKLAND, CORNELL, HESS, STISH, SAURMAN, KING, HERSHEY AND
LAUGHLIN, MARCH 22, 1993
REFERRED TO COMMITTEE ON APPROPRIATIONS, MARCH 22, 1993
AN ACT
1 Amending Title 24 (Education) of the Pennsylvania Consolidated
2 Statutes, further providing for credited school service.
3 The General Assembly of the Commonwealth of Pennsylvania
4 hereby enacts as follows:
5 Section 1. Section 8302(b.2) of Title 24 of the Pennsylvania
6 Consolidated Statutes, added December 22, 1992 (P.L. ,
7 No.186), is amended to read:
8 § 8302. Credited school service.
9 * * *
10 (b.2) Credited service as retirement incentive.--
11 Notwithstanding any provisions of this title to the contrary,
12 for the period of [July] June 1, 1992, to August 31, 1993, a
13 member who is not an annuitant on [July 1] May 31, 1992, who
14 terminates school service between [July 1] May 31, 1992, and
15 August 31, 1993, inclusive, who will be 55 years of age or older
1 on August 31, 1993, with ten or more eligibility points, who
2 files an application for retirement before September 1, 1993,
3 and who declares his intent to retire prior to April 1, 1993,
4 shall be credited with an additional 10% of their credited
5 service.
6 * * *
7 Section 2. This act shall take effect immediately.
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