HOUSE DOCKET, NO. 355 FILED ON: 1/12/2009
HOUSE . . . . . . . . . . . . . . . No. 2326
|
The Commonwealth of Massachusetts
_______________
In the Year Two Thousand Nine
_______________
An Act relative to certain Option B and Option C retirees.
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. Notwithstanding the provisions of any general or special law to the contrary, a member, who is receiving a lesser retirement allowance in accordance with the terms of Option B or Option C of Section 12 of Chapter 32 of the General Laws, from a retirement system that accepts the provisions of this act, shall have his retirement allowance determined according to the table of mortality selected by the commission pursuant to Section 336 of Chapter 47 of the Acts of 2004 and whatever section governs the Option B amount. For purposes of this Act, the State Teachers’ and State Employees’ Retirement Systems shall be deemed to have accepted the provisions of this Act.