SENATE DOCKET, NO. 2443        FILED ON: 2/11/2016

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2326

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Eric P. Lesser

_________________

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 Mary Donna Nodurf.

_______________

PETITION OF:

 

Name:

District/Address:

Eric P. Lesser

First Hampden and Hampshire

Brian M. Ashe

2nd Hampden


SENATE DOCKET, NO. 2443        FILED ON: 2/11/2016

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2326

By Mr. Lesser, a petition (accompanied by bill, Senate, No. 2326) (subject to Joint Rule 12) of Eric P. Lesser and Brian M. Ashe for legislation relative to retirement benefits for Mary Donna Nodurf.  Public Service.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Eighty-Ninth General Court
(2015-2016)

_______________

 

An Act relative to retirement benefits for Mary Donna Nodurf.

 

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 to the contrary the Massachusetts Teachers' Retirement Board is hereby authorized and directed to allow Mary Donna Nodurf to purchase up to 4 years of creditable service for the purposes of maternity leave service; provided that it does not exceed the 80 percent admitted and that no credit shall be allowed unless Mary Donna Nodurf, has paid to the teachers’ retirement system, in one sum, upon such terms and conditions as the board may prescribe, an amount equal to the deductions that would have been withheld had she continued in service, as determined by the board’s rules and regulations, together with buyback interest.

SECTION 2. If Mary Donna Nodurf fails to make payment within one year of the effective date of this act, the teachers’ retirement system shall recalculate her invoice using the system’s actuarially assumed investment rate of return.

SECTION 3. Upon completion of payment, the teachers’ retirement system shall recalculate Mary Donna Nodurf’s retirement benefit including her maternity leave purchase effective as of the date the system received Mary Donna Nodurf’s payment.