Current through Pa Acts 2024-53, 2024-56 through 2024-95
Section 8305.4 - Election to become a Class DC participant(a) General rule.--A person who first becomes a school employee and an active member on or after July 1, 2019, and who is eligible to become a Class T-G member may elect to become a participant of Class DC.(b)Time for making election.--A member must elect to become a Class DC participant by filing a written election with the board within 90 days of notification by the board that the member is eligible for the election. A school employee who is eligible to elect to become a Class DC participant who begins userra leave during the election period without having elected to become a Class DC participant may make the election within 90 days after being reemployed from userra leave.(c) Effect of election.--An election to become a Class DC participant shall be irrevocable and shall commence from the original date of eligibility. A member who elects to become a Class DC participant shall remain a Class DC participant on any and all future service, regardless of whether the participant terminates service or has a break in service.(d)Effect of failure to make election.--If a member fails to timely file an election to become a Class DC participant, and does not elect to become a member of Class T-H under section 8305.3 (relating to election to become a Class T-H member), then the member shall be enrolled as a member of Class T-G, and the member shall never be able to elect to become a Class DC participant, regardless of whether the member terminates service or has a break in service.Added by P.L. TBD 2017 No. 5, § 107.1, eff. 6/12/2017.