SECTION 1. Section 20 of chapter 32 of the General Laws, as appearing in the 2006 Official Edition, is hereby further amended by inserting after subsection (4 7/8 D) the following new subsection:-
(4 7/8 E) (a) No person receiving compensation or other remuneration from a retirement board or from any person doing business with a retirement board shall be eligible to serve on a retirement board; provided, however, that a person receiving a retirement benefit from a retirement board shall be eligible to serve on the board providing said benefit and may accept the statutory stipend for such service.
SECTION 2. Subsection (b) of section 19 of chapter 34B of the General Laws, as so appearing, is hereby amended by inserting at the end thereof the following paragraph:- No person receiving compensation or other remuneration from a retirement board or from any person doing business with a retirement board shall be eligible to serve on a retirement board; provided, however, that a person receiving a retirement benefit from a retirement board shall be eligible to serve on the board providing said benefit and may accept the statutory stipend for such service.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.