Pennsylvania Consolidated & Unconsolidated Statutes
Title 71 - STATE GOVERNMENT
Chapter 58 - State Employees' Defined Contribution Plan

Extra - Chapter Notes - Enactment. Chapter 58 was added June 12, 2017, P.L.11, No.5,...

Section 5801 - Establishment - (a) State Employees' Defined Contribution Plan.--The State Employees' Defined Contribution...

Section 5802 - Plan document - The board shall set forth the terms and provisions of...

Section 5803 - Individual investment accounts - The board shall establish in the trust an individual investment...

Section 5804 - Participant contributions - (a) Mandatory contributions.--A participant who did not make the election...

Section 5805 - Mandatory pickup participant contributions - (a) Treatment for purposes of IRC § 414(h).--The contributions to...

Section 5806 - Employer defined contributions - (a) Contributions for service.--The Commonwealth or other employer of an...

Section 5807 - Eligibility for benefits - (a) Termination of service.--A participant who terminates State service shall...

Section 5808 - Death benefits - (a) General rule.--In the event of the death of an...

Section 5809 - Vesting - (a) Participant and voluntary contributions.--Subject to the forfeiture and attachment...

Section 5810 - Termination of distributions - (a) Return to State service.-- (1) A participant receiving distributions...

Section 5812 - Powers and duties of board - The board, in addition to its powers and duties set...

Section 5813 - Responsibility for investment loss - The board, the Commonwealth, an employer or other political subdivision...

Section 5814 - Investments based on participant's investment allocation choices - (a) Investment by participant.--All contributions, interest and investment earnings shall...

Section 5815 - Expenses - All fees, costs and expenses of establishing and administering the...

Section 5816 - Tax qualification - (a) Required distributions.--All payments under this chapter shall start and...