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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| HOUSE BILL |
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| INTRODUCED BY HUTCHINSON, MAY 9, 2011 |
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| REFERRED TO COMMITTEE ON FINANCE, MAY 9, 2011 |
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| AN ACT |
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1 | Amending Title 24 (Education) of the Pennsylvania Consolidated |
2 | Statutes, in retirement for school employees, further |
3 | providing for creditable nonschool service and for |
4 | contributions for purchase of credit for creditable nonschool |
5 | service. |
6 | The General Assembly of the Commonwealth of Pennsylvania |
7 | hereby enacts as follows: |
8 | Section 1. Section 8304(b) of Title 24 of the Pennsylvania |
9 | Consolidated Statutes is amended by adding a paragraph to read: |
10 | § 8304. Creditable nonschool service. |
11 | * * * |
12 | (b) Limitations on nonschool service.--Creditable nonschool |
13 | service credit shall be limited to: |
14 | * * * |
15 | (9) (i) Previous service as a county employee of the |
16 | Commonwealth other than service as a county nurse. For every |
17 | three years of previous service as a county employee, an |
18 | individual may buy one year of creditable service, not to |
19 | exceed a total of five years. A fraction of a year of the |
20 | previous service that is equal to or greater than one-half |
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1 | shall be considered one year for purposes of this paragraph. |
2 | (ii) Previous service as a county employee of the |
3 | Commonwealth other than service as a county nurse shall |
4 | be subject to the following limitations: |
5 | (A) During such service the person was a full- |
6 | time employee not employed as an independent |
7 | contractor or compensated on a fee basis. |
8 | (B) During such service the employee was an |
9 | active member of the county retirement system or, in |
10 | the event that no county retirement system existed |
11 | during the person's period of employment, the person |
12 | would be eligible to be an active member in the |
13 | present local retirement system. |
14 | (C) The member makes contributions for this |
15 | service in accordance with section 8324(e) (relating |
16 | to contributions for purchase of credit for |
17 | creditable nonschool service and noncreditable school |
18 | service). |
19 | * * * |
20 | Section 2. Section 8324(e) of Title 24, amended November 23, |
21 | 2010 (P.L.1269, No.120), is amended to read: |
22 | § 8324. Contributions for purchase of credit for creditable |
23 | nonschool service and noncreditable school service. |
24 | * * * |
25 | (e) Creditable work experience.--Contributions on account of |
26 | Class T-C, Class T-E or Class T-F credit for creditable work |
27 | experience pursuant to section 8304(b)(6) and (9) shall be the |
28 | present value of the full actuarial cost of the increase in the |
29 | projected superannuation annuity caused by the additional |
30 | service credited on account of the purchase of creditable work |
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1 | experience. The amount paid for the purchase of credit for |
2 | creditable work experience shall not be payable as a lump sum |
3 | under section 8345(a)(4)(iii) (relating to member's options). |
4 | [Any individual eligible to receive an annuity, excluding an |
5 | annuity received under the Federal Social Security Act (42 |
6 | U.S.C. § 301 et seq.), in another pension system, other than a |
7 | military pension system, shall not be eligible to purchase this |
8 | service.] |
9 | * * * |
10 | Section 3. This act shall take effect in 60 days. |
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