Pennsylvania Code
Title 16 - COMMUNITY AFFAIRS
Part IV - Public Employee Retirement Commission
Chapter 211 - REPORTS ON ACTUARIAL INVESTIGATIONS UNDER ACT 293 OF 1972
Section 211.8 - Delinquent reports and consequences
Universal Citation: 16 PA Code ยง 211.8
Current through Register Vol. 54, No. 12, March 23, 2024
(a) Delinquent report. A municipality shall be considered delinquent in complying with the act if a complete report is not filed within the filing deadline.
(b) Consequences. Consequences of delinquent reports shall be as follows:
(1)
Withholding of pension
reimbursements. If a municipality is delinquent in complying with the
act, the Commission will cause the Auditor General's Office to withhold
certification for pension reimbursements for the municipality.
(2)
Assignment of actuaries
. If a municipality has not filed a complete report by October 15 of the filing
year and has not notified the Commission that the actuarial investigations or
reporting forms, or both, are being prepared, the Commission will retain an
actuary who shall perform the actuarial investigations and shall prepare the
reporting forms for the municipality. The municipality shall be obligated to
reimburse the Commission for the actual expenses incurred.
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