Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
Title24 EDUCATION |
PARTIV. RETIREMENT FOR SCHOOL EMPLOYEES |
CHAPTER83. MEMBERSHIP, CONTRIBUTIONS AND BENEFITS |
SUBCHAPTERB. CONTRIBUTIONS |
§8330. Appropriations by the Commonwealth.
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(a) Annual submission of budget.--The board shall prepare and through the Governor submit annually to the General Assembly an itemized budget consisting of the amounts necessary to be appropriated by the Commonwealth out of the General Fund required to meet the obligations accruing during the fiscal period beginning July 1 of the following year.
(b) Appropriation and payment.--The General Assembly shall make an appropriation sufficient to provide for the obligations of the Commonwealth. Such amount shall be paid by the State Treasurer through the Department of Revenue into the fund within 30 days of receipt of the requisition presented each quarter by the board.
Notation
Cross References. Section 8330 is referred to in section 8502 of this title.
Cross References. Section 8335 is referred to in section 8326 of this title.