Pennsylvania § 5813 Responsibility for investment loss

Pennsylvania Statutes

§ 5813 — Responsibility for investment loss

Pennsylvania § 5813

Title 71STATE GOVERNMENT

PartPART XXV

Ch. 58STATE EMPLOYEES' DEFINED CONTRIBUTION PLAN

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Bluebook

71 Pa. Cons. Stat. § 5813 (2026).

Text

The board, the Commonwealth, an employer or other political subdivision shall not be responsible for any investment or other loss incurred under the plan or for the failure of any investment to earn any specific or expected return or to earn as much as any other investment opportunity or to cost less than any other investment opportunity, whether or not the other opportunity was offered to participants in the plan.

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The board, the Commonwealth, an employer or other political subdivision shall not be responsible for any investment or other loss incurred under the plan or for the failure of any investment to earn any specific or expected return or to earn as much as any other investment opportunity or to cost less than any other investment opportunity, whether or not the other opportunity was offered to participants in the plan.