16 Pa. Code § 83.7

Current through Register Vol. 54, No. 45, November 9, 2024
Section 83.7 - Purchase requirements for previous service

A former contributor who has withdrawn total accumulated deductions may, upon a subsequent return to service, restore to the Fund those accumulated deductions representing that member's previous service and continue accruing service credits for service rendered subsequent to the return to service, provided the member pays the amount due thereon plus regular interest up to the date of purchase in a lump sum within 30 days after billing, or through salary deductions amortized with regular interest through a repayment period of not more than 5 years, provided that regular interest is charged through the repayment period chosen by the member and approved by the Board.

16 Pa. Code § 83.7

The provisions of this §83.7 amended June 23, 2000, effective 6/24/2000, 30 Pa.B. 3168.