Pennsylvania Consolidated & Unconsolidated Statutes
Title 24 - EDUCATION
Chapter 84 - School Employees' Defined Contribution Plan

Extra - Chapter Notes - Enactment. Chapter 84 was added June 12, 2017, P.L.11, No.5,...

Section 8401 - Establishment - (a) School Employees' Defined Contribution Plan.--The School Employees' Defined Contribution...

Section 8402 - Plan document - The board shall set forth the terms and provisions of...

Section 8403 - Individual investment accounts - The board: (1) Shall establish in the trust an individual...

Section 8404 - Participant contributions - (a) Mandatory contributions.--A participant shall make mandatory pickup participant contributions...

Section 8405 - Mandatory pickup participant contributions - (a) Treatment for purposes of IRC § 414(h).--The contributions to...

Section 8406 - Employer defined contributions - (a) Contributions for service.--The employer of a participant shall make...

Section 8407 - Eligibility for benefits - (a) Termination of service.--A participant who terminates school service shall...

Section 8408 - Death benefits - (a) General rule.--In the event of the death of an...

Section 8409 - Vesting - (a) Participant and voluntary contributions.--Subject to the forfeiture and attachment...

Section 8410 - Termination of distributions - (a) Return to school service.-- (1) A participant receiving distributions...

Section 8411 - Powers and duties of board - The board, in addition to its powers and duties set...

Section 8411.1 - Relation of administrators of School Employees' Defined Contribution Plan to providers of 403(b) plans - (a) General rule.--A financial institution or pension management organization entering...

Section 8412 - Responsibility for investment loss - The Commonwealth, the board, an employer or a school entity...

Section 8413 - Investments based on participant's investment allocation choices - (a) Investment by participant.--All contributions, interest and investment earnings shall...

Section 8414 - Expenses - All expenses, fees and costs of administering the plan and...

Section 8415 - Tax qualification - (a) Required distributions.--All payments under this chapter shall start and...