PRINTER'S NO. 7
No. 7 Session of 1989
INTRODUCED BY GREENLEAF, JANUARY 20, 1989
REFERRED TO FINANCE, JANUARY 20, 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," providing for
5 the deposit of a former employee's contributions to the
6 Philadelphia County Pension Fund and transfer of the
7 employer's contributions.
8 The General Assembly of the Commonwealth of Pennsylvania
9 hereby enacts as follows:
10 Section 1. The act of August 31, 1971 (P.L.398, No.96),
11 known as the County Pension Law, is amended by adding a section
12 to read:
13 Section 13.2. Deposit of Former Employe's and Transfer of
14 Employer's Contributions.--(a) The Philadelphia County Pension
15 Fund shall deposit a former employe's pension fund contributions
16 in the Public School Employee's Retirement Fund and shall
17 transfer the full amount of the county's contributions credited
18 to the former employe's pension fund account to the Public
19 School Employee's Retirement Fund if the following conditions
20 are met:
1 (1) Written request for the deposit and transfer is made to
2 the Philadelphia County Pension Fund, both by the former county
3 employe and by the Public School Employee's Retirement Fund.
4 (2) Written verification is provided to the Philadelphia
5 County Pension Fund that: (i) the former county employe withdrew
6 contributions upon termination of county employment; (ii) the
7 former county employe now is employed by a school district in a
8 county of the first class; and (iii) the former county employe
9 now is a member of the Public School Employee's Retirement Fund.
10 (b) The Philadelphia County Pension Fund shall effect the
11 deposit and transfer within thirty days of its receipt of the
12 written request and verification.
13 Section 2. This act shall take effect immediately.
L9L16JRW/19890S0007B0007 - 2 -