5505.1 - Additional member contributions. - Pennsylvania Statutes

§ 5505.1. Additional member contributions. In addition to regular or joint coverage member contributions and social security integration contributions, contributions shall be made on behalf of each active member, regardless of class of service, at the rate of 1 1/4% of compensation until such time as the actuary certifies that all accrued liability contributions have been completed in accordance with the actuarial cost method provided in section 5508(b) (relating to actuarial cost method). (July 22, 1983, P.L.104, No.31, eff. imd.) 1983 Amendment. Act 31 added section 5505.1. See section 10 of Act 31 in the appendix to this title for special provisions relating to waiver of actuarial note requirement for retirement bills. Cross References. Section 5505.1 is referred to in sections 5302, 5303, 5503.1, 5933 of this title.