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What impact does PA 92 have for current active Basic or MIP members?

What impact does PA 92 have for current active Basic or MIP members?

Only service credit purchases are affected. Basic or MIP members who wish to buy service credit must do so by 5:00 p.m.  EDT, September 29, 2017. However, PA 92 still allows members to receive credit in the following situations:

  • Active duty military service credit purchase
  • Repayment of refunded pension contributions
  • Payment of missed contributions for weekly workers’ compensation from before July 1, 1992.
  • MIP contributions not paid to the retirement system during the MIP conversion in the 1990s.

The above options can still be completed through the TDP process.

Created 8/7/2017