Whereas, The deferred operation of this act would tend to defeat its purpose, which is to immediately authorize the reinstatement as a member in service in the Massachusetts Teachers' Retirement System of James L. Kerr, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
Notwithstanding the provisions of any general or special law or rule or regulation to the contrary, James L. Kerr shall be eligible to be reinstated as a member in service of the teachers' retirement system upon his employment, on a date on or after the effective date of this act but prior to the date of his sixty-fifth birthday, as a teacher, as defined in section one of chapter thirty-two of the General Laws; provided, however, that he shall repay to the teachers' retirement system an amount equal to the accumulated total deductions withdrawn by him from the system, together with regular interest thereon, and a further amount equal to the total amount of any retirement allowance received from the date of his retirement to the date of such employment, together with regular interest thereon, such repayment to be made in one sum or in installments as the teachers' retirement board shall prescribe. Upon the completion of such repayment, said James L. Kerr shall be entitled to creditable service for all periods of service for which deductions were made from his regular compensation. In the event said James L. Kerr shall again retire before the completion of make-up payments, he shall, in addition to credit for his actual membership service rendered since the date of his reinstatement hereunder, be entitled to credit for that proportion of his previous creditable service which the total of his make-up payments actually made, together with regular interest thereon to the date such retirement becomes effective, bears to the total amount of what his make-up payments, together with regular interest thereon to such latter date, would have been had he made payment thereof in one sum on such latter date. Any pensions allowance, or other retirement benefit provided hereunder shall be exclusive of and in the alternative to any other pension, allowance, or other retirement benefit, including any provided for under any other general or special law.