The board, the Commonwealth, an employer or other political subdivision shall not be responsible for any investment or other loss incurred under the plan or for the failure of any investment to earn any specific or expected return or to earn as much as any other investment opportunity or to cost less than any other investment opportunity, whether or not the other opportunity was offered to participants in the plan.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 58 - State Employees' Defined Contribution Plan
Section 5803 - Individual investment accounts
Section 5804 - Participant contributions
Section 5805 - Mandatory pickup participant contributions
Section 5806 - Employer defined contributions
Section 5807 - Eligibility for benefits
Section 5810 - Termination of distributions
Section 5812 - Powers and duties of board
Section 5813 - Responsibility for investment loss
Section 5814 - Investments based on participant's investment allocation choices