HOUSE DOCKET, NO. 4869        FILED ON: 6/6/2018

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 4646

 

The Commonwealth of Massachusetts

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PRESENTED BY:

David K. Muradian, Jr. and Michael O. Moore

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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 authorizing James J. Malloy to purchase creditable service from the Worcester regional retirement board.

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PETITION OF:

 

Name:

District/Address:

Date Added:

David K. Muradian, Jr.

9th Worcester

5/23/2018

Michael O. Moore

Second Worcester

6/6/2018


HOUSE DOCKET, NO. 4869        FILED ON: 6/6/2018

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 4646

By Representative Muradian of Grafton and Senator Moore, a joint petition (subject to Joint Rule 12) of David K. Muradian, Jr., and Michael O. Moore that James J. Malloy be authorized to buy back creditable service time from the Worcester Regional Retirement System.  Public Service.

 

The Commonwealth of Massachusetts

 

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In the One Hundred and Ninetieth General Court
(2017-2018)

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An Act authorizing James J. Malloy to purchase creditable service from the Worcester regional retirement board.

 

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 Worcester regional retirement board shall credit James J. Malloy, a member of the Worcester regional retirement system, with creditable service for previous service rendered to the state of Colorado from July 1988 to July 1992, inclusive, and previous service rendered to the state of New York from July 1992 to July 1994, inclusive, for the purpose of determining his superannuation retirement allowance pursuant to paragraph (a) of subdivision (2) of section 5 of chapter 32 of the General Laws.  James J. Malloy shall not be credited with service pursuant to this act until and unless he has paid into the annuity savings fund of the Worcester regional retirement system in 1 sum or installments, upon such terms and conditions as the retirement board may prescribe, an amount equal to the contributions James J. Malloy would have otherwise paid into the retirement system had he been a member of the retirement system during the periods of time that such previous services were rendered, at the contribution rate applicable during those periods, plus buyback interest, as defined in section 1 of said chapter 32.

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