{"data":{"id":"us-pa/53-pa.c.s.-9123","jurisdiction":"us-pa","citation":"53 Pa.C.S. § 9123","heading":"Computation of amount due.","body":"The amount due for the purchase of credit for prior police service under this subchapter shall be computed by:\n(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\n(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.","path":["Title 53 - MUNICIPALITIES GENERALLY","PART VII TAXATION AND FISCAL AFFAIRS","SUBPART D EMPLOYMENT AND EMPLOYEES","CHAPTER 91 MUNICIPAL PENSIONS","SUBCHAPTER C POLICE PENSION PLANS"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=53\u0026div=0\u0026chpt=91\u0026sctn=23\u0026subsctn=0","current_through":"2026-08-24 (Statute Update stamp, 53 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:34:08Z","sha256":"2c43a7530e9b7acace3b476d0500ed4ae192c6f5c5401ceae8ebc0aa00f3adb4","source_id":"us-pa","stale":false,"prev":"us-pa/53-pa.c.s.-9122","next":"us-pa/53-pa.c.s.-9124"},"notice":"GroundRules: Original legal text. Not legal advice."}