Bill Text: PA HB1269 | 2009-2010 | Regular Session | Introduced

---

Bill Title: Providing for part-time service credit.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2009-04-16 - Referred to FINANCE [HB1269 Detail]

Download: Pennsylvania-2009-HB1269-Introduced.html

---

PRINTER'S NO. 1504
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No. 1269 Session of2009
INTRODUCED BY DALLY, BELFANTI, BISHOP, BRENNAN, CALTAGIRONE, D. COSTA, CREIGHTON, DENLINGER, FABRIZIO, FREEMAN, GERGELY, GIBBONS, GRUCELA, HARKINS, HARRIS, HENNESSEY, HESS, HORNAMAN, M. KELLER, W. KELLER, MELIO, METZGAR, MUNDY, MURT, O'NEILL, RAPP, READSHAW, REICHLEY, SCAVELLO AND SOLOBAY, APRIL 16, 2009
REFERRED TO COMMITTEE ON FINANCE, APRIL 16, 2009
AN ACT
Amending the act of May 29, 1956 (1955 P.L.1804, No.600),
entitled, as amended, "An act providing for the establishment
of police pension funds or pension annuities in certain
boroughs, towns and townships; authorizing the establishment
of police pension funds or pension annuities by regional
police departments; providing for the regulation and
maintenance of police pension funds or pension annuities;
providing for an actuary; continuance of existing funds or
transfer thereof to funds herein established; prescribing
rights of beneficiaries; contributions by members; providing
for expenses of administration; continuation of existing
authority to provide annuity contracts; credit for military
service; refunds; exempting allowances from judicial process;
and repealing certain acts," providing for part-time service
credit.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The act of May 29, 1956 (1955 P.L.1804, No.600),
referred to as the Municipal Police Pension Law, is amended by
adding a section to read:
Section 4.1. (a) Any member of the police force employed by
a borough, town, township or regional police department, who has
been a regularly appointed full-time employe of any such
political subdivision or regional police department for a period
of at least six months and who prior thereto was a member of
such force on a part-time basis, shall have credited to his
employment record for pension or retirement benefits all of the
time spent by him in such part-time service.
(b) The ordinance or resolution establishing the police
pension fund may provide full service credit for each year of
part-time service or fraction thereof, not to exceed five years,
to any member of the police force who was employed by the
political subdivision or regional police department during such
part-time service. The amount due for the purchase of credit for
such part-time service shall be computed by applying the average
normal cost rate for borough, town, township and regional police
pension plans as certified by the Public Employee Retirement
Commission, but not to exceed ten per centum, to the member's
average annual rate of compensation over the first three years
of municipal service and multiplying the result by the number of
years and fractional part of a year of creditable part-time
service being purchased together with interest at the rate of
four and three-quarters per centum compounded annually from the
date of initial entry into full-time municipal service to the
date of payment.
(c) Any member of the police force shall be eligible to
receive service credit for part-time service as provided in
subsections (a) and (b) provided that he is not entitled to
receive, eligible to receive now or in the future or is
receiving retirement benefits for such service under a
retirement system administered and wholly or partially paid for
by any other governmental agency.
20090HB1269PN1504 - 2 -
Section 2. This act shall take effect in 60 days.
20090HB1269PN1504 - 3 -