Pennsylvania Statutes Title 53 P.S. Municipal and Quasi-Municipal Corporations § 895.602. Application

(a) Generally.--The various remedies contained in this recovery program shall be available to municipalities based on the extent of financial distress of the municipal pension system determined by the commission, as provided in this section.

(b) Minimally distressed municipal pension systems.--The remedies contained in level I of the recovery program as specified in section 604  1 shall apply to any municipality which is minimally distressed, as that status is defined based upon the actuarial considerations of the determination procedure pursuant to section 503.  2

(c) Moderately distressed municipal pension systems.--The remedies contained in level II of the recovery program as specified in section 605  3 shall apply to any municipality which is determined to be moderately distressed, as that status is defined based on the actuarial considerations of the determination procedure in rules and regulations issued by the commission pursuant to section 503.

(d) Severely distressed municipal pension systems.--The remedies contained in level III of the recovery program as specified in section 606  4 shall apply to any municipality which is determined to be severely distressed, as that status is defined based on the actuarial considerations of the determination procedure in rules and regulations issued by the commission pursuant to section 503.

(e) Continuation of elected remedies.-- A municipality may continue to utilize any of the remedies elected and implemented while it was eligible to participate in any recovery program authorized by this act at the time of commencement of implementation.  Any change or amendment of recovery remedies in this act subsequent to election and implementation shall be deemed to be cumulative and not in lieu of previously adopted remedies.