Posted: | December 1, 2014 02:11 PM |
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From: | Senator Rob Teplitz |
To: | All Senate members |
Subject: | Spousal Consent to Pennsylvania Municipal Retirement Benefits |
In the near future, I will again introduce legislation which will require spousal consent when a retiring municipal employee chooses how his or her pension benefits should be paid. When a municipal employee applies to begin receiving pension benefits, he or she may select a single-life annuity which would not provide continuing payments to his or her spouse in the event that the retiree passes before the spouse. Current law does not require the employee’s spouse to be notified or to provide consent of this selection. Because no notification or consent is required, the spouse may not know that he or she will not receive any pension benefits after the retiree dies. My legislation will provide protection for spouses by making sure they agree to the chosen form of benefits. This legislation was introduced during the 2013-2014 legislative session as SB 1474 and was co-sponsored by Senators Costa, Williams, and Fontana. |
Introduced as SB304