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Section 5705.1 - Payment of accumulated deductions resulting from more than one class of service

71 PA Cons Stat § 5705.1 (2019) (N/A)
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Any superannuation or withdrawal annuitant who:

(1) has Class A-3, Class A-4, Class A-5 or Class A-6 service credit;

(2) has service credited in one or more classes of service; and

(3) because he has five or more, but fewer than ten, eligibility points is not eligible to receive an annuity on his Class A-3, Class A-4, Class A-5 or Class A-6 service

shall receive in a lump sum at the time of his retirement, in addition to any other annuity or lump sum payment which he may elect, his accumulated deductions resulting from his Class A-3, Class A-4, Class A-5 or Class A-6 service credit. Payment of these accumulated deductions resulting from Class A-3, Class A-4, Class A-5 or Class A-6 service credit shall not be eligible for installment payments pursuant to section 5905.1 (relating to installment payments of accumulated deductions) but shall be considered a lump sum payment for purposes of section 5905.1(d).

(Nov. 23, 2010, P.L.1269, No.120, eff. imd.; June 12, 2017, P.L.11, No.5, eff. imd.)

Cross References. Section 5705.1 is referred to in sections 5302, 5905.1 of this title.

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Section 5705.1 - Payment of accumulated deductions resulting from more than one class of service