§ 5708. Supplemental annuities
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 71 Pa.C.S.A. State Government
71 Pa.C.S.A. § 5708
§ 5708. Supplemental annuities
(a) General rule.--Every annuitant who retired prior to July 1, 1978 and who is in receipt of a superannuation, withdrawal or disability annuity, shall continue to receive the annuity to which he was entitled prior to July 1, 1979 and beginning July 1, 1979, any annuitant retiring on or prior to June 30, 1978 shall receive a cost-of-living supplement determined as a percentage applied to the retirement annuity to which he was entitled prior to July 1, 1979. Such cost-of-living supplement shall be payable under the same terms and conditions as provided under the option plan in effect as of June 30, 1979.
Effective date of retirement | Percentage factor |
---|
July 1, 1977 through June 30, 1978 | 5% |
July 1, 1976 through June 30, 1977 | 10% |
July 1, 1975 through June 30, 1976 | 13% |
July 1, 1974 through June 30, 1975 | 20% |
March 1, 1974 through June 30, 1974 | 27% |
Prior to March 1, 1974 | 31% |
Provided, however, That such cost-of-living supplement as determined above shall not be payable to an annuitant receiving a withdrawal annuity prior to the first day of July coincident with or following his attainment of superannuation age: And further provided, That any member terminating legislative service subsequent to November 30, 1970, shall be entitled to receive on account of Class D-3 service a maximum single life annuity per year of service as a regular member of the General Assembly which shall not be less than the corresponding maximum single life annuity, including any cost-of-living supplements enacted prior to October 1, 1979, of a member retiring from legislative service November 30, 1970.
(c) Supplement enacted after death of member.--No cost-of-living supplement enacted after the death of the member shall be payable to the beneficiary or survivor annuitant of such deceased former State employee, except when the effective date of the supplement shall predate the death of the member by virtue of retroactivity of the supplement.
Credits
1974, March 1, P.L. 125, No. 31, § 1, imd. effective. Amended 1975, Oct. 7, P.L. 348, No. 101, § 2, imd. effective; 1979, Dec. 18, P.L. 566, No. 130, § 2, imd. effective; 1981, July 12, P.L. 261, No. 87, § 2, imd. effective.
71 Pa.C.S.A. § 5708, PA ST 71 Pa.C.S.A. § 5708
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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