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Senate Bill 669 Printer's Number 733

PENNSYLVANIA, May 10 - context clearly indicates otherwise:

"Police department." This term shall have the same meaning

as provided under section 2162 (relating to definitions).

"Police officer." This term shall have the same meaning as

provided under section 2162.

§ 9122. Pension service credit for prior service with police

department.

A city, other than a city of the first class, borough, town,

township or regional police department shall amend its ordinance

or resolution establishing a police pension fund to provide

full-time police officers the option to purchase up to five

years of pension service credit for prior part-time or full-time

police service provided in a police department.

§ 9123. Computation of amount due.

The amount due for the purchase of credit for prior police

service shall be computed by:

(1) multiplying the normal cost rate for the police

pension plan a police officer is buying into, but not to

exceed 10%, by the police officer's average annual rate of

compensation over the first three years of service with the

police department; and

(2) multiplying the product from paragraph (1) by the

number of years and fractional part of a year of creditable

prior police service being purchased together with interest

at the rate of 4.75% compounded annually from the date of

initial entry into full-time service with the police

department to the date of payment.

§ 9124. Ineligibility.

The following apply:

(1) No police officer shall be eligible to purchase

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