Pennsylvania Statutes Title 53 P.S. Municipal and Quasi-Municipal Corporations § 895.204. Delinquent actuarial valuation reports and experience investigations

If a complete actuarial valuation report or experience investigation is not filed in a timely fashion, any and all financing which is provided to the municipality by the Commonwealth and is dedicated for pension plan purposes shall be withheld until the report or investigation is filed.  If a municipality fails to file an actuarial valuation report or experience investigation, the commission shall have the report or investigation prepared and the municipality shall reimburse the commission for the actual cost of the preparation of the report or investigation.  The commission shall issue rules and regulations specifying the procedures which the commission shall follow in obtaining delinquent actuarial valuation reports or experience investigations.