HOUSE DOCKET, NO. 22        FILED ON: 1/6/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 22

So much of the recommendations of the Massachusetts Teachers' Retirement Board (House, No. 18) as relates to the interest charged on refund buybacks.  Public Service.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Second General Court
(2021-2022)

_______________

 

An Act relative to the interest charged on refund buybacks.

 

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. Paragraph (c) of subdivision 6 of section 3 of Chapter 32 is hereby amended by striking out in the first sentence, the word “reemployment” and inserting in place thereof the word “repayment.”