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Current as of January 01, 2025 | Updated by Findlaw Staff
Statutory interest charges payable, the maintenance of reserves in the fund, and the payment of all annuities and other benefits granted by the board from the system under the provisions of this part relating to the establishment and administration of the system are hereby made obligations of the Commonwealth. All income, interest, and dividends derived from deposits and investments of the system authorized by this part shall be used for the payment of the said obligations of the Commonwealth and shall not be used for any obligations of the plan or trust.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 24 Pa.C.S.A. Education § 8531. State guarantee regarding the system - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-24-pacsa-education/pa-csa-sect-24-8531/
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