SECTION 1. Notwithstanding any general or special law to the contrary, Jeffrey Peterson, a member of the fire department of the Town of Wellesley, may continue to serve in such position until the age of 70, the date of his retirement or non-reappointment or the date he is relieved of his duties by the Town, whichever occurs first; provided, however, that he is mentally and physically capable of performing the duties of his office; and provided further, that the Town may, at its own expense, require that Jeffrey Peterson be examined by an impartial physician designated by the town to determine such capability. No deductions shall be made from the regular compensation of Jeffrey Peterson pursuant to chapter 32 of the General Laws for any service subsequent to his reaching the age of 65 in connection with his service to the Town for retirement or pension purposes and, upon retirement, Jeffrey Peterson shall receive a superannuation retirement allowance equal to that which he would have been entitled had he retired at age 65.