(a) Credits and charges to account.--The enforcement officers’ benefit account shall be the ledger account to which shall
be credited moneys transferred from the enforcement officers' retirement account in
the State Stores Fund according to the provisions of the act of April 12, 1951 (P.L.
90, No. 21), 1 known as the Liquor Code, and any additional Commonwealth or other employer contributions
provided for in section 5507 (relating to contributions to the system by the Commonwealth
and other employers) which are creditable to the enforcement officers’ benefit account. The enforcement officers’ benefit account shall be credited with the required interest. In addition, upon the filing of an application for an annuity by a member who is
an enforcement officer of the Pennsylvania Liquor Control Board, the total accumulated
deductions standing to the credit of the member in the members’ savings account and
the necessary reserves from the State accumulation account shall be transferred to
the enforcement officers' benefit account. Thereafter, the total annuity of such annuitant shall be charged to the enforcement
officers' benefit account and paid from the fund.
(b) Transfers from account.--Should the said annuitant be subsequently restored to active service as a member of
the system or as a participant in the plan, the present value of the member's annuity
at the time of reentry into State service shall be transferred from the enforcement
officers’ benefit account and placed to his individual credit in the members’ savings
account. In addition, the actuarial reserve for his annuity, less the amount transferred
to the members’ savings account shall be transferred from the enforcement officers'
benefit account to the State accumulation account. Upon subsequent retirement other than as an enforcement officer the actuarial reserve
remaining in the enforcement officers’ benefit account shall be transferred to the
appropriate reserve account.
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