71 Pa. C.S. § 5502.1

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 5502.1 - Waiver of regular member contributions and social security integration member contributions
(a) General rule.--Notwithstanding the provisions of sections 5501 (relating to regular member contributions for current service) and 5502 (relating to Social Security integration member contributions), no regular member contributions or Social Security integration member contributions shall be made by an active member for the period from July 1 to the following June 30 if the maximum single life annuity to which the member would have been entitled to receive had the member retired with an effective date of retirement on the preceding January 1 is greater than 110% of the highest calendar year compensation of the member, provided the member files a written election as prescribed by the board.
(b) Applicability.--This section shall not apply to any member who has Class A-3 or Class A-4 service credit
(c) Expiration.--This section shall expire December 31 of the year coincident with or next following the effective date of this subsection.

71 Pa.C.S. § 5502.1

Amended by P.L. TBD 2015 No. 93, § 15, eff. 12/28/2015.
2001, May 17, P.L. 26, No. 9, § 14, imd. effective. Amended 2010, Nov. 23, P.L. 1269, No. 120, § 9, imd. effective.