SENATE DOCKET, NO. 982 FILED ON: 2/9/2021
SENATE . . . . . . . . . . . . . . No. 1790
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The Commonwealth of Massachusetts
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PRESENTED BY:
John C. Velis
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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 regulating for legislation to regulate education administrator retirement.
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PETITION OF:
Name: | District/Address: |
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John C. Velis | Second Hampden and Hampshire |
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Patricia A. Duffy | 5th Hampden | 2/10/2021 |
SENATE DOCKET, NO. 982 FILED ON: 2/9/2021
SENATE . . . . . . . . . . . . . . No. 1790
By Mr. Velis, a petition (accompanied by bill, Senate, No. 1790) of John C. Velis and Patricia A. Duffy for legislation to regulate education administrator retirement. Public Service. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Second General Court
(2021-2022)
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An Act regulating for legislation to regulate education administrator retirement.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Subsection 1P of Section 4 of chapter 32 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by inserting after the word “elect” in line X, the following words:-
Any member of a contributory retirement system who is engaged in an educational administrator position and who was previously engaged in supervising the provision of special education services and ensuring that services specified in each student’s individualized education program are delivered in any non-public school in the commonwealth, if the tuition of all such pupils taught was financed in part or in full by the commonwealth may, before the date any retirement allowance becomes effective for him, establish such service as creditable service by depositing into the annuity savings fund of the system of which he is a member in one sum, or in installments, upon such terms and conditions as the board may prescribe, an amount equal to five per cent of the compensation received by him during such period of service plus buyback interest to the date of such deposit for such previous period, or most recent portion thereof, as he may elect.