Pennsylvania Code
Title 22 - EDUCATION
Part XIII - Public School Employes' Retirement Board
Chapter 213 - CONTRIBUTIONS AND BENEFITS
CONTRIBUTIONS
Section 213.30 - Appropriations by the Commonwealth
Universal Citation: 22 PA Code ยง 213.30
Current through Register Vol. 54, No. 44, November 2, 2024
(a) The Board will prepare and, through the Governor, submit annually to the General Assembly, an itemized budget consisting of the amounts necessary to be appropriated based on the actuarial cost method as certified by the actuary and presented to the Board. The sum of the various contribution rates established by the actuary, as certified by the Board, shall be applied to the total projected member payroll for the succeeding fiscal year.
(b) Retirement Code reference: Section 8330 of the Retirement Code (relating to appropriations by the Commonwealth).
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