HOUSE DOCKET, NO. 4510        FILED ON: 10/24/2014

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The Commonwealth of Massachusetts

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PRESENTED BY:

Mark J. Cusack

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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 Brian P. Costello Jr.

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PETITION OF:

HOUSE DOCKET, NO. 4510        FILED ON: 10/24/2014

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The Commonwealth of Massachusetts

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In the Year Two Thousand Fourteen

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An Act relative to retirement benefits for Brian P. Costello Jr.

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 any general or special law, rule or regulation to the contrary, Brian P. Costello Jr. shall be deemed eligible for the alternative superannuation retirement benefit enacted by Section 2 of Chapter 114 of the Acts of 2000, known as Retirement Plus, so called, provided that the member pays into said retirement system an amount that is commensurate with what he would have paid under retirement plus, minus the contributions that the member has already paid into the retirement system for said period, plus regular interest; and provided further, that the Board shall then recalculate Brian P. Costello Jr.’s superannuation retirement allowance using the formula for said alternative superannuation retirement benefit, and he shall then be deemed entitled to said alternative superannuation retirement benefit retroactively to the date of his superannuation retirement.             

SECTION 2. This act shall take effect upon its passage.