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Session Laws

1986

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CHAPTER 437 AN ACT RELATIVE TO THE MODIFICATION OF RETIREMENT ALLOWANCES IN THE TOWN OF WELLESLEY.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1. The retirement board of the town of Wellesley, when modifying the retirement allowance of a retiree under the provisions of subdivision (3) of section eight of chapter thirty-two of the General Laws, is hereby authorized to calculate said modification using the annual rate of regular compensation then in effect for the position from which the employee was retired rather than the annual rate in effect on the date of his retirement.

SECTION 2. Said retirement board of said town of Wellesley is hereby authorized to restore the retirement allowances reduced or eliminated on or after April first, nineteen hundred and eighty-five based upon the calculation authorized under the provisions of section one.

SECTION 3. This act shall take effect upon its passage.

Approved October 16, 1986.