HOUSE DOCKET, NO. 1417 FILED ON: 1/15/2015
HOUSE . . . . . . . . . . . . . . . No. 2409
|
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
John W. Scibak
_________________
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 equitable treatment under state retirement laws.
_______________
PETITION OF:
Name: | District/Address: | Date Added: |
John W. Scibak | 2nd Hampshire | 1/15/2015 |
HOUSE DOCKET, NO. 1417 FILED ON: 1/15/2015
HOUSE . . . . . . . . . . . . . . . No. 2409
By Mr. Scibak of South Hadley, a petition (accompanied by bill, House, No. 2409) of John W. Scibak for legislation to expand retirement option selections to certain public retirees. Public Service. |
The Commonwealth of Massachusetts
_______________
In the One Hundred and Eighty-Ninth General Court
(2015-2016)
_______________
An Act relative to equitable treatment under state retirement laws.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to grant all members of a retirement system the equal opportunity to select the appropriate retirement option, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
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: (a) Section 55 of Chapter 176 of the Acts of 2011 is hereby amended by striking out, in subsection (a), the words “May 17, 2005” and inserting in place thereof the words:- November 18, 2011.
(b) Said Section 55 of Chapter 176 of the Acts of 2011 is hereby amended by striking out, in subsection (c), the words “May 17. 2005” and inserting in place thereof the words:- November 18, 2011
Section 3: In paying the retirement allowance under the new election, the board, as defined in section 1 of chapter 32, shall make appropriate adjustments, or arrange for appropriate repayments, upon such terms and condition as the board may prescribe, so as to recover any overpayments resulting from the prior election. Any member of a retirement system currently married and receiving a retirement allowance shall make and submit the change of retirement options not later than August 1, 2015. The election to change retirement option under this section shall be in a manner prescribed by the board, as defined in said section 1 of said chapter 32 and said board shall have 180 days after the submission of an application to implement the change.