PRINTER'S NO. 2184
No. 1820 Session of 1991
INTRODUCED BY TIGUE, KUKOVICH, PESCI, ITKIN, JAROLIN, DALEY, KRUSZEWSKI, BELARDI, STEELMAN, RICHARDSON AND PISTELLA, JUNE 28, 1991
REFERRED TO COMMITTEE ON URBAN AFFAIRS, JUNE 28, 1991
AN ACT 1 Amending the act of June 23, 1931 (P.L.932, No.317), entitled 2 "An act relating to cities of the third class; and amending, 3 revising, and consolidating the law relating thereto," 4 providing for vesting of retirement benefits by employees 5 other than public safety employees. 6 The General Assembly of the Commonwealth of Pennsylvania 7 hereby enacts as follows: 8 Section 1. The act of June 23, 1931 (P.L.932, No.317), known 9 as The Third Class City Code, reenacted and amended June 28, 10 1951 (P.L.662, No.164), is amended by adding a section to read: 11 Section 4343.2. Vested Benefit.--(a) The council may, by 12 ordinance, provide for a vested benefit. Under the provisions of 13 the benefit, an employe who has not satisfied the minimum age 14 and service requirements established in this subdivision, but 15 who has completed ten years of continuous service shall be 16 entitled to vest his retirement allowance subject the following 17 conditions: 18 (1) the employe must file with the pension board a written 19 notice of his intention to vest;
1 (2) the employe must include in the notice, the date the 2 employe intends to terminate his service as a city employe; 3 (3) the termination date shall be at least thirty days later 4 than the date of notice to vest; 5 (4) the employe must be in good standing with the city on 6 the date of notice to vest; and 7 (5) the pension board shall indicate on the notice to vest 8 the rate of the monthly salary or wages of the employe as of the 9 date of the notice to vest or the highest average annual salary 10 or wages which the employe received during any five years of 11 service preceding said date, whichever is the higher. 12 (b) Upon reaching the date which would have been the 13 employe's retirement date had the employe continued his 14 employment with the city, the employe shall notify the pension 15 board, in writing, that the employe desires to collect his 16 pension. The amount of the retirement allowance the employe 17 shall be entitled to receive under this section shall be 18 computed as follows: 19 (1) the initial determination of the employe's base 20 retirement allowance shall be computed on the salary or wages 21 indicated on the notice to vest; and 22 (2) the portion of the base retirement allowance due the 23 employe shall be determined by applying to the base amount the 24 percentage that the years of service actually rendered bears to 25 the years of service which would have been rendered had the 26 employe continued to be employed by the city until his minimum 27 retirement date. 28 Section 2. This act shall take effect in 60 days. D8L11WMB/19910H1820B2184 - 2 -