Pennsylvania Code
Title 34 - LABOR AND INDUSTRY
Part II - Bureau of Employment Security
Subpart A - Unemployment Compensation
Chapter 65 - EMPLOYEE PROVISIONS
Subchapter E - ELIGIBILITY IN CONJUNCTION WITH OTHER PAYMENTS
RETIREMENT PENSIONS AND ANNUITIES
Section 65.105 - Lump-sum retirement payments
Current through Register Vol. 54, No. 44, November 2, 2024
(a) When a claimant receives a lump-sum payment in lieu of a periodic pension payment, the prorated weekly pension amount which the employe could have received will be deducted in accordance with § 65.108 (relating to rules of attribution).
(b) When a claimant cannot receive periodic pension payments and must take a mandatory lump-sum payment, no pension deduction will be made.
(c) When a claimant receives a deductible lump sum payment and transfers only a portion of that payment into an eligible retirement plan within 60 days of receipt, the remainder of the lump sum payment which is not transferred into an eligible retirement plan will be deducted, along with any other deductible pension payments made to the claimant under § 65.102 (relating to application of the deduction) and § 65.108.
