1 Pa.C.S. § 8 Transition provisions on employment benefits.
(a) General rule.--The provisions of 1 Pa.C.S. § 2301(c) (relating to employment benefits) shall not apply to a benefit plan or program in existence on the effective date of this act if the employer:
(1) determines after an actuarial review that the application of such provisions to the plan or program will render the plan or program actuarially unsound;
(2) files a written statement of such determination, together with the relevant data or a summary thereof, within
six months after the effective date of this act with the Department of State; and
(3) gives appropriate notice to affected employees. An employer who effects a filing pursuant to this section shall within one year after the effective date of this act amend the plan or program so as to conform to 1 Pa.C.S. § 2301(c) without affecting the actuarial soundness of the plan or program.
(b) Expiration of section.--This section shall expire one year after the effective date of this act.