An Act amending the act of May 29, 1956 (1955 P.L.1804, No.600), referred to as the Municipal Police Pension Law, further providing for credit for military service.

HB 1294 amends Pennsylvania's Municipal Police Pension Law to clarify how police service credit transfers between municipalities work when regional police departments form or existing departments disband. It directly affects municipal police officers and the pension funds of boroughs, towns, and townships that merge or disband police services. The bill requires actuarial valuations before pension plan changes and mandates that service credits for officers moving between departments be fully transferred, with assets from disbanded departments needing to transfer to the new department within one year or face penalties. The bill corrects a discrepancy in the title (which mentions "military service" but contains no such provisions) and focuses solely on pension credit administration for police departments.