Pennsylvania Code
Title 4 - ADMINISTRATION
Part X - STATE EMPLOYEES' RETIREMENT BOARD
Chapter 243 - MEMBERSHIP, CREDITED SERVICE, CLASSES OF SERVICE AND ELIGIBILITY FOR BENEFITS
Section 243.13 - Eligibility for refunds

Universal Citation: 4 PA Code ยง 243.13

Current through Register Vol. 54, No. 12, March 23, 2024

(a) Active member. The election by an active member to receive only his total accumulated deductions upon termination of service shall be an unconditional waiver to receive any benefit to which he would otherwise be entitled.

(b) Vestee. Any vestee may elect to receive only his total accumulated deductions at any time subsequent to vesting with interest credited to the date of the election. This election shall be an unconditional waiver of any other benefit to which he would otherwise be entitled.

(c) Upon application, any active member or one on leave without pay, may elect to receive by refund all his social security integration accumulated deductions and thereby have all his credits attributable thereto and benefits payable thereon cancelled, and shall not, under any circumstances, be entitled to accrue any future social security integration supplement credits.

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