Notwithstanding any provisions of this title to the contrary, the following special early retirement provisions shall be applicable to specified eligible members:
(1) During the period of July 1, 1985, to September 30, 1991, an active member who has attained the age of at least 53 years and has accrued at least 30 eligibility points shall be entitled, upon termination of State service and compliance with section 5907(f) (relating to rights and duties of State employees, members and participants), to receive a maximum single life annuity calculated under section 5702 (relating to maximum single life annuity) without a reduction by virtue of an effective date of retirement which is under the superannuation age.
(2) During the period of July 1, 1985, to September 30, 1991, an active member who has attained the age of at least 50 years but not greater than 53 years and has accrued at least 30 eligibility points shall be entitled, upon termination of State service and compliance with section 5907(f), to receive a maximum single life annuity calculated under section 5702 with a reduction by virtue of an effective date of retirement which is under the superannuation age of a percentage factor which shall be determined by multiplying the number of months, including a fraction of a month as a full month, by which the effective date of retirement precedes the attainment of age 53 by 0.25%.
(3) During the period of October 1, 1991, to June 30, 1993, a member who has credit for at least 30 eligibility points shall be entitled, upon termination of service and filing of a proper application, to receive a maximum single life annuity calculated pursuant to section 5702 without any reduction by virtue of an effective date of retirement which is under the superannuation age.
(4) During the period of July 1, 1993, to July 1, 1997, a member who has credit for at least 30 eligibility points shall be entitled, upon termination of service and filing of a proper application, to receive a maximum single life annuity calculated pursuant to section 5702 without any reduction by virtue of an effective date of retirement which is under the superannuation age.
(June 29, 1984, P.L.450, No.95, eff. imd.; June 13, 1985, P.L.40, No.19, eff. imd.; July 8, 1986, P.L.435, No.91, eff. imd.; July 13, 1987, P.L.354, No.69, eff. imd.; Oct. 21, 1988, P.L.844, No.112, eff. Jan. 1, 1989; Aug. 5, 1991, P.L.183, No.23, eff. imd.; Apr. 29, 1994, P.L.159, No.29, eff. imd.; June 12, 2017, P.L.11, No.5, eff. imd.)
2017 Amendment. Act 5 amended the intro. par. and par. (1).
1994 Amendment. Act 29 amended the entire section, retroactive to July 1, 1993. See section 19 of Act 29 in the appendix to this title for special provisions relating to liability for additional benefits.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 53 - Membership, Credited Service, Classes of Service, and Eligibility for Benefits
Section 5301 - Mandatory and optional membership in the system and participation in the plan
Section 5302 - Credited State service
Section 5303 - Retention and reinstatement of service credits
Section 5303.1 - Election to convert county service to State service
Section 5303.2 - Election to convert school service to State service
Section 5304 - Creditable nonstate service
Section 5305 - Social security integration credits
Section 5305.1 - Eligibility for actuarial increase factor
Section 5306 - Classes of service
Section 5306.1 - Election to become a Class AA member
Section 5306.2 - Elections by members of the General Assembly
Section 5306.3 - Election to become a Class A-4 member
Section 5306.4 - Election to become a Class A-6 member or solely a participant in the plan
Section 5306.6 - Election to purchase nonintervening military service
Section 5307 - Eligibility points
Section 5308 - Eligibility for annuities
Section 5308.1 - Eligibility for special early retirement
Section 5308.2 - Eligibility for limited early retirement
Section 5309 - Eligibility for vesting
Section 5309.1 - Eligibility for special vesting