Purpose

Act 15 of 1974, § 201, under PENNSYLVANIA MUNICIPAL RETIREMENT LAW.

Act 15 of 1974, § 201

Section 201. Purpose.--This article shall provide for the uninterrupted continuation of retirement plans established under the act of June 4, 1943 (P.L.886, No.371), known as the "Municipal Employes' Retirement Law." It shall also provide for the enrollment of municipal employes of new municipalities joining the system, at the contribution rates and benefit rates outlined in this article of the act.