§ 207.2. Procedure for certifications of actual financial requirements for municipal pension plans.
The Commission will certify annually to the Auditor General the actual financial requirements for each municipality eligible to receive General Municipal Pension System State Aid and for each regional or joint pension plan.
(1) For a municipality determined by the Commission to be in compliance with the reporting requirements established in Chapter 2 of the act (53 P. S. § § 895.201—895.208) as of July 15, the Commission will certify the actual financial requirements for the eligible recipient municipality to the Auditor General by August 15.
(2) For a municipality determined by the Commission to be delinquent in complying with the reporting requirements established in Chapter 2 of the act as of July 15, the Commission will certify the actual financial requirements for each eligible recipient municipality to the Auditor General within 30 days of the date the municipality is determined by the Commission to be in compliance with the reporting requirements in Chapter 2 of the act.
Source The provisions of this § 207.2 adopted December 18, 1987, effective December 19, 1987, 17 Pa. B. 5234.
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