A Parity-Time (PT)-symmetric system with periodically varying-in-time gain and loss modeled by two coupled Schrödinger equations (dimer) is studied. It is shown that the problem can be reduced to a perturbed pendulum-like equation. This is done by finding two constants of motion. Firstly, a generalized problem using Melnikov type analysis and topological degree arguments is studied for showing the existence of periodic (libration), shift periodic (rotation), and chaotic solutions. Then these general results are applied to the