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169 PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW
the Service and Infrastructure Improvement Fund, the Special
Administration Fund or the Debt Service Fund and while so held in the
Employers' Contribution Account shall not be deemed a part of the
Unemployment Compensation Fund. All moneys from time to time
received and credited to the Employers' Contribution Account (exclusive
of refunds made under section 311, contributions transferred to the
Reemployment Fund and the Service and Infrastructure Improvement Fund
pursuant to section 301.4(e) and interest and penalties transferred as
herein provided to the Special Administration Fund and taxes transferred
to the Debt Service Fund) shall be paid promptly by the department into the
Unemployment Compensation Fund, except as otherwise provided in
section 605 of this act. All moneys credited to this Commonwealth's
account in the Unemployment Compensation Fund pursuant to section
903 of the Federal Social Security Act (42 U.S.C. § 1103) shall be included
in the Unemployment Compensation Fund.
((a) amended July 2, 2013, P.L.195, No.34)
(b) As often as may be necessary, the department shall requisition from the
Unemployment Trust Fund such amounts as shall be necessary to
provide adequate funds for the payment of compensation as provided
in this act, except that moneys credited to this Commonwealth's account
pursuant to section 903 of the Federal Social Security Act as amended
shall be used exclusively as provided in section six hundred two point
three. Upon receipt of such requisitioned funds, the department shall
deposit them into the Unemployment Compensation Fund to the credit
of a ledger account, to be known as the Compensation Account, and
shall expend such moneys solely for the payment of compensation,
as provided by this act. All moneys to the credit of the Compensation
Account shall be mingled and undivided. The department shall pay all
compensation authorized by this act out of moneys standing to the
credit of the Compensation Account.
((b) amended Dec. 6, 1972, P.L.1622, No.336)
(c) Notwithstanding any other provisions of this section, the department
shall at such time or times, when the amount of moneys credited to the
Commonwealth of Pennsylvania in the Unemployment Compensation
Fund exceed the average annual total benefit payout for the immediate
prior five (5) years, transfer such excess to the United States Treasury
to repay; and reduce any outstanding Federal unemployment loan debt,
and at such other time or times as the secretary with the approval of the