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§ 5813. Responsibility for investment loss

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 58. State Employees' Defined Contribution Plan
Effective: June 12, 2017
71 Pa.C.S.A. § 5813
§ 5813. Responsibility for investment loss
The board, the Commonwealth, an employer or other political subdivision shall not be responsible for any investment or other loss incurred under the plan or for the failure of any investment to earn any specific or expected return or to earn as much as any other investment opportunity or to cost less than any other investment opportunity, whether or not the other opportunity was offered to participants in the plan.

Credits

2017, June 12, P.L. 11, No. 5, § 321, imd. effective.
71 Pa.C.S.A. § 5813, PA ST 71 Pa.C.S.A. § 5813
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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