HOUSE DOCKET, NO. 3910        FILED ON: 1/16/2009

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2460

The Commonwealth of Massachusetts

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In the Year Two Thousand Nine

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An Act relative to the Massachusetts Teachers' Retirement Board..

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 or rule or regulation to the contrary the Massachusetts teachers’ retirement board is hereby authorized and directed to grant Ms. Jeanne Wilson creditable service for the period of time during which she served as a teacher in an overseas school during the school years’ 1977 through 1984; provided, however, that she shall pay into the Annuity Savings Fund, in one sum or in installments, as the board shall determine, an amount equal to the regular deductions which would have been deducted for said period together with regular interest thereon.

In the event that Ms. Jeanne Wilson shall retire before the completion of said payments, she shall, in addition to her actual membership service, be entitled to credit for the portion of creditable service which the total of her actual payments, together with regular interest thereon to the date such retirement becomes effective, bears to the total amount of what her payment, together with regular interest thereon, would have been had she made a payment in one sum on the effective date of her retirement.