PRINTER'S NO. 971
No. 836 Session of 2003
INTRODUCED BY MAITLAND, TIGUE, FLEAGLE, CAPPELLI, CRAHALLA,
GEORGE, GRUCELA, HARHAI, HESS, LAUGHLIN, LESCOVITZ, LEWIS,
MARSICO, McILHATTAN, R. MILLER, MUNDY, NAILOR, PETRARCA,
PISTELLA, READSHAW, ROSS, SATHER, SHANER, SOLOBAY, STABACK,
STERN, WALKO AND YOUNGBLOOD, MARCH 11, 2003
REFERRED TO COMMITTEE ON FINANCE, MARCH 11, 2003
AN ACT
1 Amending the act of May 29, 1956 (1955 P.L.1804, No.600),
2 entitled, as amended, "An act providing for the establishment
3 of police pension funds or pension annuities in certain
4 boroughs, towns and townships; authorizing the establishment
5 of police pension funds or pension annuities by regional
6 police departments; providing for the regulation and
7 maintenance of police pension funds or pension annuities;
8 providing for an actuary; continuance of existing funds or
9 transfer thereof to funds herein established; prescribing
10 rights of beneficiaries; contributions by members; providing
11 for expenses of administration; continuation of existing
12 authority to provide annuity contracts; credit for military
13 service; refunds; exempting allowances from judicial process;
14 and repealing certain acts," providing for exemption of
15 benefits and moneys from police pension funds from State and
16 municipal taxes.
17 The General Assembly of the Commonwealth of Pennsylvania
18 hereby enacts as follows:
19 Section 1. Section 10 of the act of May 29, 1956 (1955
20 P.L.1804, No.600), referred to as the Municipal Police Pension
21 Law, is amended to read:
22 Section 10. The pension payments, herein provided for, shall
23 not be subject to attachment, execution, levy, garnishment or
1 other legal process, and shall be payable only to the member or
2 his designated beneficiary and shall not be subject to
3 assignment or transfer. The right of a person to any benefit or
4 right accrued or accruing under the provisions of this act and
5 the moneys in any police pension fund shall be exempt from any
6 State or municipal tax.
7 Section 2. This act shall take effect in 60 days.
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