§ 8311. Eligibility for early retirement. Notwithstanding any provisions of this title to the contrary, for the period only of June 1, 1982 through August 31, 1982, the following retirement options shall be available to specified eligible members as follows:
(1) During the period June 1, 1982 through August 31, 1982, those members 55 years or older with a minimum of 25 eligibility points who choose to retire, may do so with no reduction in the sum of his or her single life annuities because of age.
(2) During the period June 1, 1982 through August 31, 1982, in the case of those members age 50 to 55 having a minimum of 25 eligibility points, the sum of single life annuities for members who choose to retire shall be reduced by a percentage determined by multiplying the number of months, including a fraction of a month as a full month, by which the effective date precedes age 55 by one-fourth percent. (June 17, 1982, P.L.534, No.152, eff. imd.)
1982 Amendment. Act 152 added section 8311. See sections 2, 3 and 4 of Act 152 in the appendix to this title for special provisions relating to legislative intent, nonseverability and retroactivity.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 83 - Membership, Contributions and Benefits
Section 8301 - Mandatory and optional membership in the system and participation in the plan
Section 8302 - Credited school service
Section 8303 - Eligibility points for retention and reinstatement of service credits
Section 8303.1 - Waiver of adjustments
Section 8304 - Creditable nonschool service
Section 8305 - Classes of service
Section 8305.1 - Election to become a Class T-D member
Section 8305.2 - Election to become a Class T-F member
Section 8305.3 - Election to become a Class T-H member
Section 8305.4 - Election to become a Class DC participant
Section 8305.5 - Election to become Class T-G, Class T-H or Class DC
Section 8306 - Eligibility points
Section 8307 - Eligibility for annuities
Section 8308 - Eligibility for vesting
Section 8309 - Eligibility for death benefits
Section 8310 - Eligibility for refunds
Section 8311 - Eligibility for early retirement
Section 8312 - Eligibility for special early retirement
Section 8313 - Eligibility for limited early retirement
Section 8321 - Regular member contributions for current service
Section 8322 - Joint coverage member contributions
Section 8322.1 - Pickup contributions
Section 8323 - Member contributions for creditable school service
Section 8325 - Incomplete payments
Section 8325.1 - Annual compensation limit under IRC § 401(a)(17)
Section 8326 - Contributions by the Commonwealth
Section 8327 - Payments by employers
Section 8327.1 - Nonparticipating employer withdrawal liablity
Section 8328 - Actuarial cost method
Section 8329 - Payments on account of social security deductions from appropriations
Section 8330 - Appropriations by the Commonwealth
Section 8341 - Return of accumulated deductions
Section 8342 - Maximum single life annuity
Section 8343 - Reduction of annuities on account of social security old-age insurance benefits
Section 8344 - Disability annuities
Section 8345 - Member's options
Section 8346 - Termination of annuities
Section 8348 - Supplemental annuities
Section 8348.1 - Additional supplemental annuities
Section 8348.2 - Further additional supplemental annuities
Section 8348.3 - Supplemental annuities commencing 1994
Section 8348.4 - Special supplemental postretirement adjustment
Section 8348.5 - Supplemental annuities commencing 1998
Section 8348.6 - Supplemental annuities commencing 2002