Pennsylvania Statutes Title 53 P.S. Municipal and Quasi-Municipal Corporations § 895.401. Revision of financing from local revenue sources

(a) Evaluation.--Prior to applying for any remedy or combination of remedies pursuant to Chapter 6,  1 a municipality shall evaluate the current sources of financing for municipal pension plans and shall identify any revenue sources from which other personnel costs, including, but not limited to, salaries, employer contributions to the Federal old age, survivors, disability and health insurance program or premiums for health insurance coverage, are payable but from which municipal pension plan costs, including the amortization of any unfunded actuarial accrued liability, are not fully allocated.  Upon identifying these omitted or underutilized municipal revenue sources, the municipality shall undertake steps to utilize or increase utilization of these revenue sources.  Full utilization of these revenue sources shall occur within one year of identification.

(b) Multiemployer plans.--If a municipal pension plan of the municipality is a multiemployer pension plan, the identification and utilization of omitted or underutilized municipal revenue sources shall include the municipal pension plan financing provided by other participating employers.  For any municipality, municipal revenue sources shall include municipal enterprises and Federal, State or private grants.