(a) Credits and charges to account.--The enforcement officers' benefit account shall be the ledger account to which shall be credited moneys transferred from the enforcement officers' retirement account in the State Stores Fund according to the provisions of the act of April 12, 1951 (P.L.90, No.21), known as the Liquor Code, and any additional Commonwealth or other employer contributions provided for in section 5507 (relating to contributions to the system by the Commonwealth and other employers) which are creditable to the enforcement officers' benefit account. The enforcement officers' benefit account shall be credited with the required interest. In addition, upon the filing of an application for an annuity by a member who is an enforcement officer of the Pennsylvania Liquor Control Board, the total accumulated deductions standing to the credit of the member in the members' savings account and the necessary reserves from the State accumulation account shall be transferred to the enforcement officers' benefit account. Thereafter, the total annuity of such annuitant shall be charged to the enforcement officers' benefit account and paid from the fund.
(b) Transfers from account.--Should the said annuitant be subsequently restored to active service as a member of the system or as a participant in the plan, the present value of the member's annuity at the time of reentry into State service shall be transferred from the enforcement officers' benefit account and placed to his individual credit in the members' savings account. In addition, the actuarial reserve for his annuity, less the amount transferred to the members' savings account shall be transferred from the enforcement officers' benefit account to the State accumulation account. Upon subsequent retirement other than as an enforcement officer the actuarial reserve remaining in the enforcement officers' benefit account shall be transferred to the appropriate reserve account.
(May 17, 2001, P.L.26, No.9, eff. imd.; Nov. 23, 2010, P.L.1269, No.120, eff. imd.; June 12, 2017, P.L.11, No.5, eff. imd.)
Cross References. Section 5937 is referred to in sections 5932, 5933, 5934 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 59 - Administration, Funds, Accounts, General Provisions
Section 5901 - The State Employees' Retirement Board
Section 5902 - Administrative duties of the board
Section 5904 - Duties of the board to report to the Public School Employees' Retirement Board
Section 5905 - Duties of the board regarding applications and elections of members and participants
Section 5905.1 - Installment payments of accumulated deductions
Section 5906 - Duties of heads of departments
Section 5907 - Rights and duties of State employees, members and participants
Section 5908 - Rights and duties of annuitants
Section 5909 - Stress test of system
Section 5931 - Management of fund and accounts
Section 5932 - State Employees' Retirement Fund
Section 5933 - Members' savings account
Section 5934 - State accumulation account
Section 5935 - Annuity reserve account
Section 5936 - State Police benefit account
Section 5937 - Enforcement officers' benefit account
Section 5938 - Supplemental annuity account
Section 5939 - Interest reserve account
Section 5940 - Northern Ireland-related investments
Section 5941 - Benefits completion plan
Section 5951 - State guarantee regarding the system
Section 5952 - State supervision
Section 5953 - Taxation, attachment and assignment of funds
Section 5953.1 - Approval of domestic relations orders
Section 5953.2 - Irrevocable beneficiary
Section 5953.3 - Irrevocable survivor annuitant
Section 5953.4 - Amendment of approved domestic relations orders
Section 5953.5 - Transfer of domestic relations orders against county pension plans
Section 5953.6 - Irrevocable successor payee
Section 5954 - Fraud and adjustment of errors
Section 5955 - Construction of part
Section 5955.1 - Construction of part with respect to older workers protection
Section 5955.2 - Construction of part with respect to the Internal Revenue Code
Section 5956 - Provisions severable
Section 5957 - Independent Fiscal Office study
Section 5958 - Public Pension Management and Asset Investment Review Commission