PRINTER'S NO. 1655
No. 1412 Session of 1987
INTRODUCED BY HERMAN, BUNT, SCHULER, ANGSTADT, WOGAN, MORRIS, SHOWERS, FOX, JOHNSON, LASHINGER, MAINE AND CIVERA, JUNE 1, 1987
REFERRED TO COMMITTEE ON STATE GOVERNMENT, JUNE 1, 1987
AN ACT 1 Amending Title 71 (State Government) of the Pennsylvania 2 Consolidated Statutes, further providing for creditable 3 nonstate service. 4 The General Assembly of the Commonwealth of Pennsylvania 5 hereby enacts as follows: 6 Section 1. Section 5304(c)(2) of Title 71 of the 7 Pennsylvania Consolidated Statutes is amended to read: 8 § 5304. Creditable nonstate service. 9 * * * 10 (c) Limitations on nonstate service.--Creditable nonstate 11 service credit shall be limited to: 12 * * * 13 (2) other military service not exceeding five years, 14 including service in any of the reserve units of the armed 15 forces of the United States and in the National Guard; 16 * * * 17 Section 2. Section 5505 of Title 71 is amended by adding a 18 subsection to read:
1 § 5505. Contributions for the purchase of credit for 2 creditable nonstate service. 3 * * * 4 (f) Purchase of reserve and National Guard service.-- 5 Contributions on account of credit for service in any reserve 6 unit of the armed forces of the United States or the National 7 Guard under section 5304(c)(2) (relating to creditable nonstate 8 service) shall be equal to the present value of the full 9 actuarial cost of the increase in the projected superannuation 10 annuity caused by the additional service credited. The amount 11 contributed under this subsection shall not be payable as a lump 12 sum under section 5705(a)(4)(iii) (relating to member's 13 options). 14 Section 3. This act shall take effect immediately. D6L71CHF/19870H1412B1655 - 2 -