SENATE DOCKET, NO. 464        FILED ON: 1/19/2011

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1398

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Steven A. Tolman

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to retirement benefits for John G. Flores..

_______________

PETITION OF:

SENATE DOCKET, NO. 464        FILED ON: 1/19/2011

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1398

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1203 OF 2009-2010.]

The Commonwealth of Massachusetts

_______________

In the Year Two Thousand Eleven

_______________

An Act relative to retirement benefits for John G. Flores..

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, John G. Flores, a former employee of the Massachusetts Corporation for Educational Telecommunication, shall be given full credit for his prior service with the Commonwealth, including all service with said Massachusetts Corporation for Educational Telecommunication, for the purposes of determining his retirement benefits as provided in this act.

                SECTION 2. Notwithstanding the provisions of any general or special law to the contrary, said John G. Flores shall within sixty days of the effective date of this act pay, in one lump sum, to the state teachers retirement administration the amount of total accumulated contributions and earnings thereon which were credited to said John G.  Flores under the retirement system of the Commonwealth for his period of service at the Massachusetts Corporation for Educational Telecommunication. Said administration shall calculate the amount equal to the contribution said John G. Flores would have paid to the retirement plan of said administration for the periods of prior service to the Commonwealth if he had been in service as a teacher during said periods together with regular interest to the date of said payment. If the amount paid by said John G. Flores to said administration is greater than or equal to said amount calculated by said administration for said periods of prior service to the Commonwealth then said John G. Flores shall be entitled for retirement credit in said administration’s retirement system for said periods. If said amount paid by said John G. Flores is less than said amount calculated by said authority for said periods of prior service to the Commonwealth, then said John G. Flores shall not be entitled to such retirement time unless he has, within one hundred and twenty days of said payment, paid to the retirement fund of said administration, in one lump sum, an amount equal to the difference between said amount paid by said John G. Flores and the amount calculated by said administration for said periods of prior service to the Commonwealth.