2010 Pennsylvania Code
Title 24 - EDUCATION
Chapter 83 - Membership, Contributions and Benefits
8348.2 - Further additional supplemental annuities.

     § 8348.2.  Further additional supplemental annuities.
        (a)  Benefits.--Commencing with the first monthly annuity
     payment after January 1, 1989, any eligible benefit recipient
     shall be entitled to receive a further additional monthly
     supplemental annuity from the system. This shall be in addition
     to the supplemental annuities provided for in sections 8348
     (relating to supplemental annuities) and 8348.1 (relating to
     additional supplemental annuities).
        (b)  Amount of additional supplemental annuity.--The amount
     of the additional monthly supplemental annuity shall be the
     total of the following:
            (1)  Two dollars multiplied by the number of years of
        credited service.
            (2)  Fifty cents multiplied by the number of years on
        retirement.
        (c)  Payment.--The additional monthly supplemental annuity
     provided for in this section shall be paid automatically unless
     the intended recipient files a written notice with the system
     requesting that the additional monthly supplemental annuity not
     be paid.
        (d)  Conditions.--The additional supplemental annuity
     provided for in this section shall be payable under the same
     terms and conditions as provided under the option plan in effect
     as of December 31, 1988.
        (e)  Benefits paid to beneficiaries or survivors.--No
     supplemental annuity effective after the death of the member
     shall be payable to the beneficiary or survivor annuitant of the
     deceased member.
        (f)  Funding.--The actuary shall annually estimate the amount
     of Commonwealth appropriations for the next fiscal year needed
     to fund, over a period of ten years from July 1, 2002, the
     additional monthly supplemental annuity provided for in this
     section. The board shall submit the actuary's estimation to the
     Secretary of the Budget on or before November 1 of each year.
     If, in any year after 1988, the amount estimated is disapproved
     under section 610 of the act of April 9, 1929 (P.L.177, No.175),
     known as The Administrative Code of 1929, as insufficient to
     meet the funding requirements of this subsection or is not
     appropriated on or before July 1, the additional supplemental
     annuity provided for in this section shall be suspended until
     such time as an amount certified and approved as sufficient is
     appropriated.
        (g)  Definitions.--As used in this section, the following
     words and phrases shall have the meanings given to them in this
     subsection:
        "Eligible benefit recipient."  A person who is receiving a
     superannuation, withdrawal or disability annuity and who
     commenced receipt of that annuity on or prior to July 1, 1987,
     but the supplemental annuities shall not be payable to an
     annuitant receiving a withdrawal annuity prior to the first day
     of July coincident with or following the annuitant's attainment
     of superannuation age.
        "Years of credited service."  The number of full years of
     service as a member to the credit of each benefit recipient,
     which years of service need not have been continuous.
        "Years on retirement."  The number of full years as of July
     1, 1988, which have elapsed since the eligible benefit recipient
     commenced the receipt of an annuity and during which the
     eligible benefit recipient received an annuity.
     (Oct. 21, 1988, P.L.844, No.112, eff. Jan. 1, 1989; Aug. 5,
     1991, P.L.183, No.23, eff. imd.; May 17, 2001, P.L.26, No.9,
     eff. July 1, 2001)

        2001 Amendment.  Act 9 amended subsec. (f).
        1988 Amendment.  Act 112 added section 8348.2.
        Cross References.  Section 8348.2 is referred to in sections
     8328, 8348.3, 8348.5, 8348.6, 8348.7, 8525 of this title.