8329 - Payments on account of social security deductions from appropriations.

     § 8329.  Payments on account of social security deductions from                appropriations.        (a)  Payments by Commonwealth.--Where the Secretary of     Education enters into an agreement with the Commonwealth to     place under the Federal Social Security Act members who have     elected coverage, the Commonwealth shall pay to the employers     one-half of the contributions payable under the employer's tax     established by the Social Security Act (Public Law 74-271, 42     U.S.C. § 301 et seq.) on all covered wages which are not     federally funded, except that after June 30, 1995, the     Commonwealth shall pay to an employer that is a school entity an     amount as follows:            (1)  For all employees whose effective dates of        employment with their employing school entities are after        June 30, 1994, and who also had not previously been employed        by any school entity within this Commonwealth, the        Commonwealth shall pay each school entity an amount equal to        the total contributions payable under the employer's tax        established by the Social Security Act on all covered wages        which are not federally funded, multiplied by the market        value/income aid ratio of the school entity. For no school        year shall any school entity receive less than the amount        that would result if the market value/income aid ratio as        defined in section 2501(14.1) of the Public School Code of        1949 was 0.50.            (2)  For all employees who are not described in paragraph        (1), the Commonwealth shall pay each school entity one-half        of the contributions payable under the employer's tax        established by the Social Security Act on all covered wages        which are not federally funded.        (b)  Deduction from appropriations.--The Secretary of     Education and the State Treasurer are hereby authorized to cause     to be deducted and paid into or retained in the State Treasury     from any moneys due to any employer on account of appropriations     for schools or other purposes the amounts payable under the     provisions of this section.     (July 13, 1987, P.L.354, No.69, eff. imd.; Apr. 29, 1994,     P.L.159, No.29, eff. July 1, 1995)        1994 Amendment.  Act 29 amended subsec. (a). See section 18     of Act 29 in the appendix to this title for special provisions     relating to applicability to 1995-1996 and succeeding school     years.        1987 Amendment.  Section 4 of Act 69 provided that the     provisions of section 7 of the act of July 9, 1981 (P.L.208,     No.66), known as the Public Employee Retirement Study Commission     Act, shall not apply to Act 69, and section 5 provided that Act     69 shall be retroactive to July 1, 1987.