HOUSE DOCKET, NO. 2547 FILED ON: 1/16/2015
HOUSE . . . . . . . . . . . . . . . No. 3282
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The Commonwealth of Massachusetts
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PRESENTED BY:
Paul W. Mark
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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 dual membership in retirement systems.
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PETITION OF:
Name: | District/Address: | Date Added: |
Paul W. Mark | 2nd Berkshire | 1/16/2015 |
HOUSE DOCKET, NO. 2547 FILED ON: 1/16/2015
HOUSE . . . . . . . . . . . . . . . No. 3282
By Mr. Mark of Peru, a petition (accompanied by bill, House, No. 3282) of Paul W. Mark relative to dual membership in retirement systems. Public Service. |
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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An Act relative to dual membership in retirement systems.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Paragraph (e) of subdivision (2) of section 5 of chapter 32 of the General Laws, as most recently amended by section 67 of chapter 165 of the acts of 2014, is hereby further amended by adding the following sentence:- This paragraph shall not apply to any member who has a total of at least 15 years of credible service from membership in 2 or more systems, regardless of whether or not the member has vested in 1 or more systems. A member with such minimum total years of credible service shall receive a superannuation retirement allowance that is equal to the sum of the benefits calculated pursuant to this section as though the member were retiring solely from that system in which he or she has the highest number of days of credible service.