Pennsylvania Code › Title 4 - ADMINISTRATION › Part X - STATE EMPLOYEES' RETIREMENT BOARD › Chapter 249 - ADMINISTRATION, FUNDS, ACCOUNTS, GENERAL PROVISIONS › Subchapter E - GENERAL PROVISIONS › Section 249.57 - General regulations

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
Effect of enactment of code.
The code is intended as a
				  reenactment and recodification of existing law, which also repeals, to the
				  extent inconsistent therewith, those acts which are specifically enumerated in
				  the repealer section of the code.
(b)
Effect of lifting of pension
				  freeze for certain members.
The limitations on salaries of any member
				  terminating service hereafter, which limitations had been in effect pursuant to
				  the Commonwealth Compensation Commission freeze for pension purposes, for
				  certain legislative, executive, and judicial employees, are repealed
				  retroactive to January 1, 1973. Any member in this category shall be required
				  to pay to the fund the total accumulated deductions that would have been paid
				  in the absence of such freeze, retroactive to January 1, 1973, or other period
				  applicable, including statutory interest during the repayment period. Any
				  benefits shall be payable without reference to any limitations heretofore
				  imposed for service subsequent to January 1, 1973.
(c)
Effect of repeal of certain
				  judicial benefits.
The additional retirement benefits provided certain
				  judges of Class E and E-1, under prior law, shall only continue for those
				  judges exercising the option for such benefits prior to March 1, 1974,
				  whereupon those benefits are expressly terminated. Such benefits shall be
				  limited to the benefits existing when the application for same was made and
				  subsequent superannuation benefits shall be restricted to the compensation
				  actually received and the contributions based thereon.
(d)
Crediting of statutory interest
				  during leave of absence without pay.
Statutory interest shall be
				  credited to accounts of members on leave without pay, commencing July 1, 1974,
				  for a period not to exceed 2 years in such leave status.
(e)
Payment of fees for furnishing
				  certain information.
Effective January 1, 1976, the Board will charge
				  a fee for each request to furnish duplicate information to members based on the
				  following schedules:
1. Federal Interest
				  Income Statement (Duplicate) (1099) ...$5.00
2. Statement of Employee's Retirement Account
				  (Duplicate) (RB-393) ...$5.00
3.
				  Annuitant's Initial Information Letter (Duplicate) (RS-340) ...$5.00
4. Disability Annuitant's Initial Information
				  Letter(Duplicate) (RS-326) ...$5.00
5. Tax Statement (Duplicate) (RB-325)
				  ...$5.00
6. Federal Statement for
				  Recipients of Annuities, Pension or Retired Pay (Duplicate) (W2-P)
				  ...$5.00
7. Request for
				  Recomputation of Present Value on Current Basis ...$15.00
8. Membership account statements (Duplicate)
				  ...$5.00
9. All other information
				  (duplicate), per item ...$5.00
Each such request shall be accompanied by a check or money
					 order in the amount necessary to obtain each of the items set forth in this
					 subsection and shall be made payable to the State Employees' Retirement System.
					 Cash will not be acceptable.