PRINTER'S NO. 1048
No. 738 Session of 1999
INTRODUCED BY ALLEN, E. Z. TAYLOR, ARGALL, PHILLIPS, BAKER,
BATTISTO, BEBKO-JONES, BENNINGHOFF, BOYES, BUNT, CAPPABIANCA,
CHADWICK, CIVERA, COLAFELLA, CORRIGAN, COY, DALEY, DEMPSEY,
DeWEESE, FAIRCHILD, FICHTER, GEORGE, GORDNER, HERMAN,
HERSHEY, HUTCHINSON, JAMES, KENNEY, LaGROTTA, LAUGHLIN,
LESCOVITZ, LUCYK, LYNCH, MARKOSEK, MARSICO, McCALL, McGILL,
McILHATTAN, McNAUGHTON, MICHLOVIC, S. MILLER, NAILOR, ORIE,
PESCI, PLATTS, READSHAW, SAINATO, SANTONI, SATHER, SCHULER,
SCRIMENTI, SEMMEL, SERAFINI, SEYFERT, SHANER, B. SMITH,
SOLOBAY, STABACK, STAIRS, STEELMAN, STEVENSON, SURRA, THOMAS,
TIGUE, TRAVAGLIO, TRELLO, TRICH, VAN HORNE, WILT, WOGAN,
WOJNAROSKI, ZIMMERMAN, ZUG, COSTA, J. TAYLOR, ROSS,
McILHINNEY AND DeLUCA, MARCH 22, 1999
REFERRED TO COMMITTEE ON STATE GOVERNMENT, MARCH 22, 1999
AN ACT
1 Amending Titles 24 (Education) and 71 (State Government) of the
2 Pennsylvania Consolidated Statutes, further providing for
3 eligibility for limited early retirement.
4 The General Assembly of the Commonwealth of Pennsylvania
5 hereby enacts as follows:
6 Section 1. Section 8313 of Title 24 of the Pennsylvania
7 Consolidated Statutes is amended to read:
8 § 8313. Eligibility for limited early retirement.
9 Notwithstanding any provisions of this title to the contrary,
10 the following early retirement provisions shall be applicable to
11 eligible members:
12 (1) Any member who, during the period of time from the
13 effective date of this section through July 10, 1998:
1 (i) has credit for at least 30 eligibility points;
2 (ii) terminates school service; and
3 (iii) files an application for an annuity with an
4 effective date of retirement not later than July 11,
5 1998,
6 shall be entitled to receive a maximum single life annuity
7 calculated pursuant to section 8342 (relating to maximum
8 single life annuity) without any reduction by virtue of an
9 effective date of retirement which is under the
10 superannuation age.
11 (2) Any member who, during the period of time from April
12 1, 1999, through June 30, 1999:
13 (i) has credit for at least 30 eligibility points;
14 (ii) terminates school service; and
15 (iii) files an application for an annuity with an
16 effective date of retirement not later than July 1, 1999,
17 shall be entitled to receive a maximum single life annuity
18 calculated pursuant to section 8342 without any reduction by
19 virtue of an effective date of retirement which is under the
20 superannuation age.
21 (3) Any member who, during the period of time from April
22 1, 2000, through June 30, 2000:
23 (i) has credit for at least 30 eligibility points;
24 (ii) terminates school service; and
25 (iii) files an application for an annuity with an
26 effective date of retirement not later than July 1, 2000,
27 shall be entitled to receive a maximum single life annuity
28 calculated pursuant to section 8342 without any reduction by
29 virtue of an effective date of retirement which is under the
30 superannuation age.
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1 (4) Any member who, during the period of time from April
2 1, 2001, through June 30, 2001:
3 (i) has credit for at least 30 eligibility points;
4 (ii) terminates school service; and
5 (iii) files an application for an annuity with an
6 effective date of retirement not later than July 1, 2001,
7 shall be entitled to receive a maximum single life annuity
8 calculated pursuant to section 8342 without any reduction by
9 virtue of an effective date of retirement which is under the
10 superannuation age.
11 Section 2. Section 5308.2 of Title 71 is amended to read:
12 § 5308.2. Eligibility for limited early retirement.
13 Notwithstanding any provisions of this title to the contrary,
14 any eligible member who, during the period of time from July 1,
15 1998, through June 30, [1999] 2001:
16 (1) has credit for at least 30 eligibility points;
17 (2) terminates State service; and
18 (3) files an application for an annuity with an
19 effective date of retirement not later than July 1, [1999,]
20 2001,
21 shall be entitled to receive a maximum single life annuity
22 calculated pursuant to section 5702 (relating to maximum single
23 life annuity) without any reduction by virtue of an effective
24 date of retirement which is under the superannuation age.
25 Section 3. This act shall take effect immediately.
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