PRINTER'S NO. 988
No. 870 Session of 1989
INTRODUCED BY MURPHY, O'DONNELL, KUKOVICH, ITKIN, MICHLOVIC, FEE, McNALLY, PERZEL, WASS, JOSEPHS, ROBINSON, KOSINSKI, PRESSMANN, KENNEY, STISH, MAYERNIK, GANNON, BLAUM, TRELLO, CAWLEY, LEVDANSKY, VEON, CORRIGAN AND PISTELLA, APRIL 3, 1989
REFERRED TO COMMITTEE ON FINANCE, APRIL 3, 1989
AN ACT 1 Amending the act of February 1, 1974 (P.L.34, No.15), entitled 2 "An act creating a Pennsylvania Municipal Retirement System 3 for the payment of retirement allowances to officers, 4 employes, firemen and police of political subdivisions and 5 municipal authorities and of institutions supported and 6 maintained by political subdivisions and municipal government 7 associations and providing for the administration of the same 8 by a board composed of the State Treasurer and others 9 appointed by the Governor; imposing certain duties on the 10 Pennsylvania Municipal Retirement Board and the actuary 11 thereof; providing the procedure whereby political 12 subdivisions and municipal authorities may join such system, 13 and imposing certain liabilities and obligations on such 14 political subdivisions and municipal authorities in 15 connection therewith, and as to certain existing retirement 16 and pension systems, and upon officers, employes, firemen and 17 police of such political subdivisions, institutions supported 18 and maintained by political subdivisions, and upon municipal 19 authorities; providing for the continuation of certain 20 municipal retirement systems now administered by the 21 Commonwealth; providing certain exemptions from taxation, 22 execution, attachment, levy and sale and providing for the 23 repeal of certain related acts," imposing restrictions on 24 investments in Northern Ireland. 25 The General Assembly of the Commonwealth of Pennsylvania 26 hereby enacts as follows: 27 Section 1. The act of February 1, 1974 (P.L.34, No.15), 28 known as the Pennsylvania Municipal Retirement Law, is amended
1 by adding a section to read: 2 Section 110.1. Northern Ireland Related Investments.--(a) 3 Notwithstanding any other provision of law to the contrary, on 4 or after the effective date of this section, any money or assets 5 of the fund which shall be invested in the stocks, securities or 6 other obligations of any institution or company doing business 7 in or with Northern Ireland or with agencies or 8 instrumentalities thereof, shall be invested in accordance with 9 subsection (c). 10 (b) On or before the first day of January of each year, the 11 board shall determine the existence of affirmative action taken 12 by institutions or companies doing business in Northern Ireland 13 to eliminate ethnic or religious discrimination based on actions 14 taken for: 15 (1) Increasing the representation of individuals from 16 underrepresented religious groups in the work force, including 17 managerial, supervisory, administrative, clerical and technical 18 jobs. 19 (2) Providing adequate security for the protection of 20 minority employes both at the workplace and while traveling to 21 and from work. 22 (3) The banning of provocative religious or political 23 emblems from the workplace. 24 (4) Publicly advertising all job openings and making special 25 recruitment efforts to attract applicants from underrepresented 26 religious groups. 27 (5) Providing that layoff, recall and termination procedures 28 should not in practice favor particular religious groupings. 29 (6) The abolition of job reservations, apprenticeship 30 restrictions and differential employment criteria, which 19890H0870B0988 - 2 -
1 discriminate on the basis of religion or ethnic origin. 2 (7) The development of training programs that will prepare 3 substantial number of current minority employes for skilled 4 jobs, including the expansion of existing programs and the 5 creation of new programs to train, upgrade and improve the 6 skills of minority employes. 7 (8) The establishment of procedures to assess, identify and 8 actively recruit minority employes with potential for further 9 advancement. 10 (9) The appointment of senior management staff members to 11 oversee affirmative action efforts and the setting up of 12 timetables to carry out affirmative action principles. 13 (c) Consistent with sound investment policy, the board shall 14 invest the assets of the fund in such manner that the 15 investments in institutions doing business in or with Northern 16 Ireland shall reflect the advances made by such institutions in 17 eliminating discrimination according to the principles set forth 18 in subsection (b). 19 Section 2. This act shall take effect immediately. A23L53JRW/19890H0870B0988 - 3 -