Pennsylvania Act 1893-82 — POLICE PENSION FUND, IN MUNICIPALITIES

Act text

POLICE PENSION FUND, IN MUNICIPALITIES
                  Act of May 24, 1893, P.L. 129, No. 82               Cl. 11
                                  AN ACT

     To empower boroughs and cities to establish a police pension
        fund, to take property in trust therefor and regulating and
        providing for the regulation of the same.

        Compiler's Note:  Section 20 of Act 99 of 1935 provided that
            Act 82 is repealed insofar as it applies to second class
            cities.
        Compiler's Note:  Section 4701 of Act 317 of 1931 provided
            that Act 82 is repealed insofar as it relates to third
            class cities.
        Compiler's Note:  Section 1301(c) of Act 192 of 1915 provided
            that Act 82 is repealed insofar as it relates to
            boroughs.
        Section 1.  Be it enacted, &c., That the several cities of
     this Commonwealth, incorporated by general or special laws,
     shall establish by ordinance a police retirement fund to be
     maintained by an equal and proportionate monthly charge against
     each member of the police force which shall not exceed annually
     three and one-half per centum of the pay of such member and by
     annual appropriations made by the city, which fund shall be
     under the direction of councils or committed to the direction of
     such officers of the city as may be designated by councils, and
     applied under such regulations as councils may by ordinance
     prescribe for the benefit of such members of the police force as
     shall receive honorable discharge therefrom by reason of age or
     disability and the families of such as may be injured or killed
     in the service, but such retirement allowances as shall be made
     to those who are retired by reason of the disabilities or age
     shall be in conformity with a uniform scale.
        The annual appropriation made by the city each year shall be
     sufficient, when added to the contributions made by members of
     the police force during such year and income from investments,
     to pay in full the retirement allowances payable during such
     year.
        Such ordinance may prescribe a minimum period of continuous
     service, not less than twenty years and a minimum age of fifty
     years, after which members of the force shall be eligible for
     retirement from active duty and such members as are retired
     shall be subject to service from time to time as a police
     reserve until unfitted for such service, when they may be
     finally discharged by reason of age or disability.
        Payments made under the provisions of this section shall not
     be a charge on any other fund in the treasury of the city or
     under its control save the police retirement fund herein
     provided for. The basis of the apportionment of the retirement
     allowance shall be determined by the rate of the monthly pay of
     the member at the date of death, honorable discharge, or
     retirement, and shall not exceed in any year one-half the annual
     pay of such member computed at such monthly rate, unless the
     retirement allowance so determined is less than one hundred
     twenty-five dollars ($125.00) per month, in which case the
     minimum retirement allowance of any member presently or
     hereafter entitled to a retirement allowance may be increased to
     one hundred twenty-five dollars ($125.00) per month.
        (1 amended May 31, 1984, P.L.360, No.71)
        Section 2.  It shall be competent for any such police
     retirement fund to take by gift, grant, devise or bequest, any
     money or property, real, personal or mixed, in trust for the
     benefit of such fund, and the care, management, investment and
     disposal of such trust funds or property shall be vested in the
     officer or officers of such city having the management of such
     police pension fund, and the said trust funds shall be governed
     thereby, subject to such directions not inconsistent therewith
     as the donors of such funds and property may prescribe.
        (2 amended July 2, 1937, P.L.2795, No.583)
        Section 3.  Whenever any person shall become entitled to
     receive a benefit from the police retirement fund, and shall
     have been admitted to participate therein, he shall not be
     deprived of his right to an equal and proportionate
     participation therein upon the basis upon which he first became
     entitled thereto.
        (3 amended June 10, 1947, P.L.537, No.245)
        Section 4.  The retirement allowance herein provided for
     shall be payable only to the beneficiary designated by this act
     and shall not be subject to assignment or transfer.
        (4 added June 10, 1947, P.L.537, No.245 and repealed in part
     Apr. 28, 1978, P.L.202, No.53)