PRINTER'S NO. 832
No. 757 Session of 2001
INTRODUCED BY PICCOLA, LOGAN, COSTA, BOSCOLA, WAUGH, LEMMOND, O'PAKE, THOMPSON, PUNT, M. WHITE, WOZNIAK, TILGHMAN, TARTAGLIONE, GREENLEAF, RHOADES AND ROBBINS, APRIL 2, 2001
REFERRED TO FINANCE, APRIL 2, 2001
AN ACT 1 Amending Title 24 (Education) of the Pennsylvania Consolidated 2 Statutes, further providing for creditable nonschool service. 3 The General Assembly of the Commonwealth of Pennsylvania 4 hereby enacts as follows: 5 Section 1. Section 8304(b) of Title 24 of the Pennsylvania 6 Consolidated Statutes is amended by adding a paragraph to read: 7 § 8304. Creditable nonschool service. 8 * * * 9 (b) Limitations on nonschool service.--Creditable nonschool 10 service credit shall be limited to: 11 * * * 12 (9) Previous service as a school employee, teacher or 13 instructor in an accredited Pennsylvania nonpublic elementary 14 or secondary school or an accredited Pennsylvania licensed 15 private school, if the member was entitled to a provisional 16 or professional certificate to teach in the public schools of 17 this Commonwealth at the time this service was rendered. For
1 every one year in previous work experience, an individual can 2 buy one year of creditable service, not to exceed a total of 3 five years. The purchase of this service shall begin within 4 three years of the employee's eligibility to purchase this 5 creditable service. The Department of Education may charge an 6 applicant a fee necessary to cover administrative costs 7 incurred in verifying the applicant's eligibility for 8 certification. 9 * * * 10 Section 2. Section 8324(e) of Title 24 is amended to read: 11 § 8324. Contributions for purchase of credit for creditable 12 nonschool service. 13 * * * 14 (e) Creditable work experience.-- 15 (1) Contributions on account of T-C credit for 16 creditable work experience pursuant to section 8304(b)(6) 17 shall be the present value of the full actuarial cost of the 18 increase in the projected superannuation annuity caused by 19 the additional service credited on account of the purchase of 20 creditable work experience. [The amount paid for the purchase 21 of credit for creditable work experience shall not be payable 22 as a lump sum under section 8345(a)(4)(iii) (relating to 23 member's options).] Any individual eligible to receive an 24 annuity, excluding an annuity received under the Federal 25 Social Security Act (42 U.S.C. § 301 et seq.), in another 26 pension system, other than a military pension system, shall 27 not be eligible to purchase this service. 28 (2) Contributions on account of T-C credit for 29 creditable work experience pursuant to section 8304(b)(9) 30 shall be the present value of the full actuarial cost of the 20010S0757B0832 - 2 -
1 increase in the projected superannuation annuity caused by 2 the additional service credited on account of the purchase of 3 creditable work experience. Any individual eligible to 4 receive an annuity, excluding an annuity received under the 5 Social Security Act, in another pension system, other than a 6 military pension system, shall not be eligible to purchase 7 this service. 8 (3) The amount paid for the purchase of service under 9 this subsection shall not be payable as a lump sum under 10 section 8345(a)(4)(iii) (relating to member's options). 11 * * * 12 Section 3. This act shall take effect in 60 days. A4L24DMS/20010S0757B0832 - 3 -