§ 6122.1. Payroll card accounts
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and BankingEffective: May 3, 2017
Effective: May 3, 2017
7 P.S. § 6122.1
§ 6122.1. Payroll card accounts
In addition to any other requirements under this act, all of the following provisions apply when payment of wages, salaries, commissions or other compensation is made through transfers to a payroll card account:
(8) The funds in a payroll card account shall not expire. If a payroll card has an expiration date during the period when wages, salary or other compensation are applied to the payroll card account by the employer and for 60 days after the last transfer of wages, salary, commissions or other compensation to the account, the employee shall be provided a replacement card without cost prior to the expiration date, unless prior to that date the account becomes subject to the custody and control of the Commonwealth under Article XIII.1 of the act of April 9, 1929 (P.L. 343, No. 176),1 known as The Fiscal Code, or pursuant to the unclaimed property or escheat law of another state, the District of Columbia or a territory of the United States.
(9) The employer shall honor an employee's written or electronic request to change the employee's method of receiving wages from a payroll card account to direct deposit or negotiable check. The change shall take effect as soon as practicable, but no later than the first payday after 14 days from receipt by the employer of the employee's request and any information necessary to implement the change.
Credits
1975, Dec. 19, P.L. 604, No. 173, § 2.1, added 2016, Nov. 4, P.L. 1210, No. 161, § 4, effective in 180 days [May 3, 2017].
Footnotes
72 P.S. § 1301.1 et seq.
7 P.S. § 6122.1, PA ST 7 P.S. § 6122.1
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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