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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| HOUSE BILL |
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| INTRODUCED BY DALLY, BELFANTI, CALTAGIRONE, CREIGHTON, FLECK, FREEMAN, GIBBONS, GINGRICH, GOODMAN, GRUCELA, HARRIS, HENNESSEY, HUTCHINSON, LONGIETTI, MELIO, MOUL, MURT, OBERLANDER, M. O'BRIEN, PYLE, READSHAW, REICHLEY, SCAVELLO, SEIP, SIPTROTH, K. SMITH, SOLOBAY AND YOUNGBLOOD, APRIL 16, 2009 |
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| REFERRED TO COMMITTEE ON FINANCE, APRIL 16, 2009 |
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| AN ACT |
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1 | Amending Title 24 (Education) of the Pennsylvania Consolidated |
2 | Statutes, further providing for creditable nonschool service. |
3 | The General Assembly of the Commonwealth of Pennsylvania |
4 | hereby enacts as follows: |
5 | Section 1. Section 8304(b) of Title 24 of the Pennsylvania |
6 | Consolidated Statutes is amended by adding a paragraph to read: |
7 | § 8304. Creditable nonschool service. |
8 | * * * |
9 | (b) Limitations on nonschool service.--Creditable nonschool |
10 | service credit shall be limited to: |
11 | * * * |
12 | (9) Previous service as a school employee, teacher or |
13 | instructor in an accredited Pennsylvania nonpublic elementary |
14 | or secondary school, if the member was entitled to a |
15 | provisional or professional certificate to teach in the |
16 | public schools of this Commonwealth at the time this service |
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1 | was rendered. For every year in previous work experience, an |
2 | individual can buy one year of creditable service, not to |
3 | exceed a total of five years. The purchase of this service |
4 | shall begin within five years of the employee's eligibility |
5 | to purchase this creditable service. The Department of |
6 | Education may charge an applicant a fee necessary to cover |
7 | administrative costs incurred in verifying the applicant's |
8 | eligibility for certification. |
9 | * * * |
10 | Section 2. Section 8324(e) of Title 24 is amended to read: |
11 | § 8324. Contributions for purchase of credit for creditable |
12 | nonschool service. |
13 | * * * |
14 | (e) Creditable work experience.-- |
15 | (1) Contributions on account of T-C credit for |
16 | creditable work experience pursuant to section 8304(b)(6) |
17 | shall be the present value of the full actuarial cost of the |
18 | increase in the projected superannuation annuity caused by |
19 | the additional service credited on account of the purchase of |
20 | creditable work experience. [The amount paid for the purchase |
21 | of credit for creditable work experience shall not be payable |
22 | as a lump sum under section 8345(a)(4)(iii) (relating to |
23 | member's options).] Any individual eligible to receive an |
24 | annuity, excluding an annuity received under the Federal |
25 | Social Security Act (42 U.S.C. § 301 et seq.), in another |
26 | pension system, other than a military pension system, shall |
27 | not be eligible to purchase this service. |
28 | (2) Contributions on account of T-C credit for |
29 | creditable work experience under section 8304(b)(9) shall be |
30 | the present value of the full actuarial cost of the increase |
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1 | in the projected superannuation annuity caused by the |
2 | additional service credited on account of the purchase of |
3 | creditable work experience. Any individual eligible to |
4 | receive an annuity, excluding an annuity received under the |
5 | Social Security Act, in another pension system, other than a |
6 | military pension system, shall not be eligible to purchase |
7 | this service. |
8 | (3) The amount paid for the purchase of service under |
9 | this subsection shall not be payable as a lump sum under |
10 | section 8345(a)(4)(iii) (relating to member's options). |
11 | * * * |
12 | Section 3. This act shall take effect in 60 days. |
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