Pennsylvania Act 1972-266 — SUPPLEMENTARY ACT - SECOND CLASS CITIES PENSION FUND

Act text

SUPPLEMENTARY ACT - SECOND CLASS CITIES PENSION FUND
                 Act of Oct. 26, 1972, P.L. 1056, No. 266             Cl. 11
                               A SUPPLEMENT

     To the act of May 28, 1915 (P.L.596), entitled "An act requiring
        cities of the second class to establish a pension fund for
        employes of said cities, and regulating the administration
        and the payment of such pensions," providing for a period
        during which certain persons may join the pension fund
        created under the act.

        The General Assembly of the Commonwealth of Pennsylvania
     hereby enacts as follows:

        Section 1.  Every city or authority employe otherwise
     eligible to join the pension fund created under the act to which
     this is a supplement but who is ineligible to join because of
     not having done so within the times provided by such act shall
     have the option of joining such pension fund within one year
     after the effective date of this act. Any city or authority
     employe who joins such pension plan shall receive full credit
     toward his pension under the act for each year of service as an
     employe of the city or authority upon his producing proof,
     satisfactory to the pension board, of the number of years of
     such service and upon his making back payments at the same rate
     as if he had been a city employe and a member of the pension
     fund during such period in a lump sum or by installments as may
     be determined by the board. If the employe is retired before the
     back payments have been completed, the annuity shall be reduced
     by an amount equivalent to the unpaid back payments or deduction
     increases not anticipated.
        Section 2.  This act shall take effect immediately.