53 Pa. Stat. § 23645

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 23645 - Sources of money for fund

Such fund shall consist of and to it shall be transferred and paid--

(1) All disciplinary fines imposed upon the policemen of such city.
(2) The income from any and all trust funds which may hereafter be established by gift for the benefit of such persons as are eligible to be beneficiaries under this fund.
(3) The dues of the members of the fund as hereinafter stipulated.
(4) All donations and appropriations of money, from whatever source, which shall be made to the fund.
(5) All monies heretofore required to be paid by cities of the second class to the organization or association, constituting and having in charge the distribution of police pension funds in such cities.
(6) Sums to be annually paid into said fund by each city of the second class, in amounts sufficient to maintain the pensions or compensations and service increments due under this act. The public authorities of every city of the second class, charged with the disbursements, expenditures, and appropriations thereof, shall annually set aside, apportion, and appropriate out of all taxes and income of the said cities unto the fund hereby created, a sum sufficient to maintain the pensions or compensations and service increments due under this act, and to carry out the provisions of this act.
(7) Contributions by members to the fund shall be applied annually to pension payments made from the fund where the total contributions by members are insufficient to meet pension payments due. The governing body of the municipality shall appropriate sufficient moneys to meet the obligations of the fund in the event that the appropriations made by the city are over and above the annual requirements of the fund. Such surpluses shall be returned by the pension fund to the general fund of the city.

53 P.S. § 23645

1935, May 22, P.L. 233, § 2. Amended 1947, June 25, P.L. 919, § 1; 1955, June 28, P.L. 210, § 1.