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§ 5705.1. Payment of accumulated deductions resulting from more than one class of service

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 71 Pa.C.S.A. State GovernmentEffective: June 12, 2017

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 71 Pa.C.S.A. State Government (Refs & Annos)
Part XXV. Retirement for State Employees and Officers (Refs & Annos)
Chapter 57. Benefits (Refs & Annos)
Effective: June 12, 2017
71 Pa.C.S.A. § 5705.1
§ 5705.1. Payment of accumulated deductions resulting from more than one class of service
Currentness
Any superannuation or withdrawal annuitant who:
(1) has Class A-3, Class A-4, Class A-5 or Class A-6 service credit;
(2) has service credited in one or more classes of service; and
(3) because he has five or more, but fewer than ten, eligibility points is not eligible to receive an annuity on his Class A-3, Class A-4, Class A-5 or Class A-6 service
shall receive in a lump sum at the time of his retirement, in addition to any other annuity or lump sum payment which he may elect, his accumulated deductions resulting from his Class A-3, Class A-4, Class A-5 or Class A-6 service credit. Payment of these accumulated deductions resulting from Class A-3, Class A-4, Class A-5 or Class A-6 service credit shall not be eligible for installment payments pursuant to section 5905.1 (relating to installment payments of accumulated deductions) but shall be considered a lump sum payment for purposes of section 5905.1(d).

Credits

2010, Nov. 23, P.L. 1269, No. 120, § 10, imd. effective. Amended 2017, June 12, P.L. 11, No. 5, § 319, imd. effective.
71 Pa.C.S.A. § 5705.1, PA ST 71 Pa.C.S.A. § 5705.1
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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